"The record-keeping and communication services are the same for everyone, regardless of account balance
. If you and I are getting the same service, does it mean that I have to pay more just because there's more money in my account?"
Another way to look at the issue: Americans would have had to invest 44 percent of their total national saving abroad in 1999 to achieve current account balance
, given the foreign capital that flowed into the United States.
Assume a 50-year-old individual with a life expectancy of 33.1 years, an account balance
of $2 million, and an assumed interest rate of 8%.
This annuity amount is determined - as of the date the participant's benefits will begin to be paid - as the monthly benefit equal in value to the participant's account balance
The forms do not summarize activity in the taxpayer's accounts or reflect the account balances
Simple average of the account balance
over a given number of previous years;
The firm is expected to slash its minimum account balance
by 70 percent.
The average 401(k) plan account balance
of workers who participated consistently in one 401(k) plan increased significantly over the four-year period ending at year-end 2014, according to data published by the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI).
For the first seven months of 2016, the current account balance
and the capital account balance
were positive and amounted to Euro 2.2237 B (or 4.9% of the GDP forecast), compared to a surplus of Euro 1.2052 B (2.7 of GDP) for the same period of 2015.
Finally, he showed a fourth BPI bank certificate showing his dollar account balance
was $5,021.70 on March 31, 2014.
But Surz' explanation for this makes intuitive sense; it's the account balance
. Losing a chunk of that $2,000 is less damaging than losing the same percentage of an over $1 million account.
Maybank stated that the service will enable customers to view their account balance
on mobile device.