UnThreaded | Threaded | Whole Thread (318) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: Rayvt Big gold star, 5000 posts Top Favorite Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76397  
Subject: Re: Hi gang... wow!!! Date: 9/22/2013 3:02 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 7
How did you think the floor & caps were determined?

Hmmm, good question. Let me flip to some pages that google brought up.

"Cap rates are subject to change by the insurance company."

"Please note that the "Cap" percentages are subject to change at [our] sole discretion"

"The Index Growth Cap is subject to change at our discretion, both up and down"

"Cap changes are not tied to the performance of the underlying index and may be based on interest rates, market volatility, and other factors. Index Growth Caps and Floors may be different in selected states."

"The two most critical factors that determine a cap rate are the yield environment and market volatility. As a result of the current environment, we will be adjusting the cap rates"

**********
From the same hits, discussing the gain credited to the account:

"Index growth,excluding dividends, for that period assumes a hypothetical Index Cap of 12% with a 0% floor."

"... the difference between the index’s value at the beginning and end of the 1-year segment. subject to the cap and floor established by [the company]."

"based on the performance of the S&P 500® Index (using an index growth cap and floor) on an annual point-to-point basis"
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (318) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement