Here's an e-mail I received from FTP that explains it...hope this helps
Thank you for contacting Full Tilt Poker Support regarding your Iron
Man Mid-Year Bonus.
We're happy to confirm that your $550 Iron Man Mid-Year Bonus has been
activated, and you're currently earning points toward the release of
your bonus funds. Congratulations!
You'll have all of July to earn your bonus at a rate of $0.05 per Full
Tilt Point (FTP). Your bonus money will accrue on your Iron Man status
page and will be automatically credited into your Full Tilt Poker
account once you've earned it in full.
If you don't earn your full bonus by July 31, your Full Tilt Poker
account will be credited with the bonus amount you have earned.
To view your Iron Man Mid-Year Bonus Status and eligible bonus amount,
please follow these three steps:
1) Under the "Requests" menu, select "Check my Promotions (Internet)".
2) Select "Iron Man Challenge".
3) Select ?Mid-Year Bonus Status Page?.
For more information on our Iron Man Mid-Year Bonus, please visit our
website at:
Online Poker at Full Tilt Poker - Iron Man Challenge: Mid-Year Bonus