Wednesday, May 20, 2009

AFRs (annual) for June are:

Short Term: .75%
Mid Term: 2.25%
Long Term: 3.88%

The Sec. 7520 Rate is: 2.8%

This is a slight rise from last month's rates.

Friday, May 1, 2009

IRS releases new mortality tables

These new mortality rates are effective for transfers on or after May 1, 2009.

A comparison of this new table (2000CM) with the old table (90CM) shows an increase in expected survival rates at almost all ages.

The new rates can be found on the IRS website, HERE.