Quote:
Originally Posted by Unregistered
RA interest rate also 4%
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Suppose you have:
OA 151k
SA 151k
Without shielding, after you turn 55, you will have:
OA 121k <-- 2.5%
SA 0k
RA 181k
With shielding (after T-Bills mature):
OA 10k
SA 111k <-- 4%
RA 40k+141k
The difference is that you will have 111k earning 1.5% more.