Asked by Anonymous
Asked 3w ago
The first 60000 I will earn additional 1% every year if my account grows? 1% = $600 extra a year
Top Contributor (Jun)
I'm assuming you are below 55. If that is so, the first $40K in your SA earns an extra 1% which is credited back to your SA, and the first $20K in your OA earns an extra 1% which is credited to your SA as well. So it will be an extra $600/yr.