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HokieForever

Joined: 10/06/1998 Posts: 17376
Likes: 6550

What's this?

I think they keep it per the contract....


you are "locking" in today's rates with an obvious projection being paid for when they are 18. You are taking the risk that amount does not go "down" and you over pay, they are taking the risk that the amount does not go "up" and take a loss.

Basically they are taking your money and investing it hoping the rate increase year over year is steady and will invest it in something that will grow proportionally or better and potentially pocket the difference.

HokieForever

(In response to this post by vt_mughal)

Posted: 08/23/2016 at 5:21PM


+0

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Current Thread:
 
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  I think they keep it per the contract.... -- HokieForever 08/23/2016 5:21PM

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