Inpatient hospital, skilled nursing facility, and intermediate care facility services for patients in institutions for mental disease who are: 1  Under 21 years of age. 2  Under 22 years of age and was getting services when you turned 21 years of age. 3  65 years of age or older.
Breakpoint. A breakpoint is the level at which your account balance in a mutual fund company or the size of a new investment in the company's funds qualifies you to pay a reduced sales charge. Fund companies that charge a percentage of the amount you invest as a front-end load, or sales charge, may offer this cost saving.
Each mutual fund may have several breakpoints; the larger the investment, the greater the discount. Note that the actual reduction in the sales charge is known as the breakpoint discount. Also, the term breakpointing is sometimes used to refer to the offering of breakpoint discounts. The practice of soliciting mutual fund purchases just below the breakpoint (to earn more commissions) is considered unethical and in violation of NASD rules.