debrinkleyusa
TUG Member
Good Day Tuggers,
Can someone tell me what happens to existing points during a usage year adjustment? Here is the specific example:
Buy a new 500K contract that has a July 1 anniversary date. Those 500K will be deposited before closing with a usage date of July 1, 2016 to Jun 2017. After closing the contract will probably be adjusted to have a Jan 1 anniversary to match my other contracts. Does anyone know what happens to the points?
Thanks,
Doug
Can someone tell me what happens to existing points during a usage year adjustment? Here is the specific example:
Buy a new 500K contract that has a July 1 anniversary date. Those 500K will be deposited before closing with a usage date of July 1, 2016 to Jun 2017. After closing the contract will probably be adjusted to have a Jan 1 anniversary to match my other contracts. Does anyone know what happens to the points?
Thanks,
Doug