This rate is the default cost of money lost due to the ongoing impact of inflation. 

Since the buying power of money declines in an inflationary environment, most cash-flows in a Target-Map default to the Annual Increase of Contributions. 

The importance of the Annual Increase of Contributions is that it directly impacts the Additional Contributions to Fund (see below) by naturally inflating required savings (if any) in a Target-Map annually by the Annual Increase of Contributions percentage.

The Annual Increase of Contributions default rate can be set within the Target-Map Preferences for all Target-Map templates.

It can be adjusted manually by editing a Target-Map.

Tags: monthly, month, rate, save, extra

12/2017

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