Definition of "Bonus Rate"
Extra interest in the first year that increases the annuity's value on which future interest will be calculated in subsequent years. Also known as 1st Year Bonus Rate.
Extra interest in the first year that increases the annuity's value on which future interest will be calculated in subsequent years. Also known as 1st Year Bonus Rate.
![]() |
![]() |
![]() |
|
|
|
|
|
|
|
|
![]() |
![]() |
|
![]() |
![]() |
![]() |