Investing Advice Inspired by Jack Bogle
Skip to content
- Quick links
- Unanswered topics
- Active topics
- Search
- Forum Policies
- Wiki
- Blog
- Support this Site
- Amazon
- FAQ
- Login
- Register
- Board indexUS InvestorsPersonal Finance (Not Investing)
- Search
Post Reply
- Print view
14 posts• Page 1 of 1
Topic Author
BoomerM3- Posts: 83
- Joined: Tue Aug 27, 2019 7:34 am
USAA Annual Allocation
- Quote
Postby BoomerM3 »
I just received a letter from USAA titled “Annual Allocation Statement.” It says (in part), the Board of Directors has approved an allocation to your account. The attachment shows the 2021 (yes 2021) allocations – Senior Bonus and SSA Distribution. Both these amounts are for 2021.
My question is: Why am I getting a review of last year’s data instead of the Senior Bonus amount for 2022?
Anyone else seen this? Have a different interpretation?
Top
- maxq
- Posts: 118
- Joined: Thu Sep 25, 2014 3:19 pm
Re: USAA Annual Allocation
- Quote
Postby maxq »
It appears to be another poorly crafted USAA communication. In the past, they've sent separate SSA distro and Senior Bonus letters at the appropriate times. This one today seems to be a summary of the 2021 SSA distro received a month or so ago, along with the Senior Bonus amount for 2020 that was sent last February to those eligible. The 2021 Senior Bonus (if approved by the powers that be) will be announced and sent sometime later this month. I think......
Top
- scifilover
- Posts: 581
- Joined: Sun Apr 14, 2013 12:56 pm
Re: USAA Annual Allocation
- Quote
Postby scifilover »
This is exactly the same information that has been distributed over the past 20 years, and at the same time as in prior years. The difference is that this year it is in a two page letter instead of in a one page form.
Top
- WapelloHawk
- Posts: 293
- Joined: Thu Apr 08, 2021 4:22 pm
Re: USAA Annual Allocation
- Quote
Postby WapelloHawk »
I have a related question. I haven't reached my 40 years yet with USAA, but I am getting dangerously close. Regarding the Senior Bonus, do I have to sign up for it or does the bonus happen automatically once I am eligible? Thanks.
Top
dcnut
- Posts: 272
- Joined: Fri Mar 02, 2007 12:00 pm
- Location: Illinois
Re: USAA Annual Allocation
- Quote
Postby dcnut »
WapelloHawk wrote: ↑Sun Feb 06, 2022 7:32 amI have a related question. I haven't reached my 40 years yet with USAA, but I am getting dangerously close. Regarding the Senior Bonus, do I have to sign up for it or does the bonus happen automatically once I am eligible? Thanks.
It is automatic.
Top
- Horton
- Posts: 1499
- Joined: Mon Jan 21, 2008 2:53 pm
- Contact:
Contact Horton
Website
Re: USAA Annual Allocation
- Quote
Postby Horton »
I’m not eligible for the Senior Bonus, but here is what my letter shows:
12/31/20 Year-End Balance
12/12/21 Subscriber’s Account Distribution
Subtotal
12/31/21 Allocation Credited
12/31/21 Year-End Balance
Seems straight-forward to me.
Top
- Lissiebeth254
- Posts: 4
- Joined: Thu Feb 17, 2022 6:02 am
Re: USAA Annual Allocation
- Quote
Postby Lissiebeth254 »
We are eligible for the senior bonus for the first time this year. Has anyone gotten a check yet? Curious as to when I need to start looking for it.
Top
- tomd37
- Posts: 4148
- Joined: Thu Mar 01, 2007 9:39 pm
- Location: Middle Tennessee
Re: USAA Annual Allocation
- Quote
Postby tomd37 »
My Senior Bonus is direct deposited to my checking account and was posted to my NFCU account February 15th at $309. Had previously received a letter from USAA dated February 13th giving me the amount. 
I have been with USAA since 1961.
Tom D.
Top
- Lissiebeth254
- Posts: 4
- Joined: Thu Feb 17, 2022 6:02 am
Re: USAA Annual Allocation
- Quote
Postby Lissiebeth254 »
The only letter we have gotten is the one with the subscriber savings account statement. I guess I should give it a few more days and then give them a call. Thank you!!
Top
- tomd37
- Posts: 4148
- Joined: Thu Mar 01, 2007 9:39 pm
- Location: Middle Tennessee
Re: USAA Annual Allocation
- Quote
Postby tomd37 »
Lissiebeth - Are you just reaching your 40th or 41st anniversary with USAA? Since it is more than 20 years since I received my first Senior Bonus I don't remember if it was paid upon reaching the 40th or at the end of the 40th year. A telephone call to them might be in order and resolve your questions.
Tom D.
Top
- Lissiebeth254
- Posts: 4
- Joined: Thu Feb 17, 2022 6:02 am
Re: USAA Annual Allocation
- Quote
Postby Lissiebeth254 »
It’s our 41st year. Last year it was applied to our SSA. We didn’t find out until later that we had to request it to be paid out in check form.
Top
- Parkinglotracer
- Posts: 4737
- Joined: Fri Dec 20, 2019 2:49 am
- Location: Upstate NY
Re: USAA Annual Allocation
- Quote
Postby Parkinglotracer »
I believe 40th year
I got about $623 back this year
I must be paying them too much …. Hmmmn
Top
- Lissiebeth254
- Posts: 4
- Joined: Thu Feb 17, 2022 6:02 am
Re: USAA Annual Allocation
- Quote
Postby Lissiebeth254 »
Was it a check or direct deposit? For some reason my husband insists on paper checks still lol. Our driveway is about half a mile long so I always worry about kids possibly rummaging through our mail before I get down there to get it. I’m just trying to decide when I need to start stalking the mail man
we did get a letter saying they had been delayed a little bit but since we’ve never gotten one before I’m not sure about timing at all.
Top
- Parkinglotracer
- Posts: 4737
- Joined: Fri Dec 20, 2019 2:49 am
- Location: Upstate NY
Re: USAA Annual Allocation
- Quote
Postby Parkinglotracer »
Lissiebeth254 wrote: ↑Fri Feb 18, 2022 7:10 amWas it a check or direct deposit? For some reason my husband insists on paper checks still lol. Our driveway is about half a mile long so I always worry about kids possibly rummaging through our mail before I get down there to get it. I’m just trying to decide when I need to start stalking the mail man
we did get a letter saying they had been delayed a little bit but since we’ve never gotten one before I’m not sure about timing at all.
For me, usaa sent an email sometime around December asking how I would like the $; I asked them to apply it towards my bill. One can go on the usaa website and see the status of their subscribers saving account I believe. Good luck and go AF.
Top
Post Reply
- Print view
14 posts• Page 1 of 1
Return to “Personal Finance (Not Investing)”
Jump to
- US Investors
- ↳ Personal Investments
- ↳ Personal Finance (Not Investing)
- Non-US Investors
- ↳ Non-US Investing
- ↳ Canada - Financial Wisdom Forum
- ↳ Spain - Bogleheads® España
- ↳ Spain
- ↳ United Arab Emirates
- Wiki
- ↳ The Bogleheads® Wiki: a collaborative work of the Bogleheads community
- ↳ Canada - finiki (wiki)
- Community
- ↳ Personal Consumer Issues
- ↳ Local Chapters and Bogleheads Community
- ↳ US Chapters
- ↳ Wiki and Reference Library
- ↳ Non-US Chapters
- ↳ Calendar of Events
- ↳ Forum Issues and Administration
- Board index
- All times are UTC-05:00
- Delete cookies
- About
- Contact us
No guarantees are made as to the accuracy of the information on this site or the appropriateness of any advice to your particular situation.
Powered by phpBB® Forum Software © phpBB Limited
Privacy|Terms
Time: 0.384s | Peak Memory Usage: 8.34 MiB | GZIP: Off
