Andy the Actuary Posted July 11, 2008 Share Posted July 11, 2008 When does the IRS Publish 417(e) segment rates? Is it in an IRS Notice at the end of the month following? Thus, are the June segment rates published at the end of July. In such case, how has Datair already reported them in their handy-dandy table. Are the rates published sooner or did Datair compute them? If the IRS publishes in such fashion, how in practice would you administer a plan whose lump sum basis changes monthly? Handy-Dandy Datair Table: http://www.datair.com/rates.htm The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice. Link to comment Share on other sites More sharing options...
Mike Preston Posted July 11, 2008 Share Posted July 11, 2008 When does the IRS Publish 417(e) segment rates? Is it in an IRS Notice at the end of the month following? Thus, are the June segment rates published at the end of July. In such case, how has Datair already reported them in their handy-dandy table. Are the rates published sooner or did Datair compute them? If the IRS publishes in such fashion, how in practice would you administer a plan whose lump sum basis changes monthly?Handy-Dandy Datair Table: http://www.datair.com/rates.htm The IRS publishes monthly, early in the month. The last one was Notice 2008-65, sent to me via the IRS GuideWire email service on 7/8/2008. It contains the June segmeent rates for 417, so as long as you don't have: 1) a one month lookback and 2) need to pay somebody out in the first few days of the month, you should be ok. Link to comment Share on other sites More sharing options...
Mike Preston Posted July 11, 2008 Share Posted July 11, 2008 Here's the link to subscribe to the service (pun intended): https://service.govdelivery.com/service/mul...html?code=USIRS Link to comment Share on other sites More sharing options...
david rigby Posted July 12, 2008 Share Posted July 12, 2008 Links to several sets of interest rates: http://www.irs.gov/retirement/article/0,,id=123231,00.html I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice. Link to comment Share on other sites More sharing options...
Andy the Actuary Posted July 12, 2008 Author Share Posted July 12, 2008 Links to several sets of interest rates:http://www.irs.gov/retirement/article/0,,id=123231,00.html Thank you. Do you know when various rates are published. I knew the old gatt interest rate used to be published on the first Tuesday of the subsequent month. Is that the same for the 417(e) segment rates? The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice. Link to comment Share on other sites More sharing options...
david rigby Posted July 12, 2008 Share Posted July 12, 2008 http://www.irs.gov/retirement/content/0,,id=96710,00.html Click on "List of Published Guidance", then on Notices. You will find all the recent Notices that issue the various rates. The one-sentence synopsis of the Notices may refer to 412 and/or 430, but the Notices will also include a section with the 417 rates. I don't know about day of the week or month, but all the 2008 Notices were issued in the first 10 days of the month, ranging from the 4th to the 9th. Likely, it will be issued and available on an IRS website, and on BenefitsLink, before it appears in the Internal Revenue Bulletin. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice. Link to comment Share on other sites More sharing options...
Andy the Actuary Posted July 12, 2008 Author Share Posted July 12, 2008 http://www.irs.gov/retirement/content/0,,id=96710,00.htmlClick on "List of Published Guidance", then on Notices. You will find all the recent Notices that issue the various rates. The one-sentence synopsis of the Notices may refer to 412 and/or 430, but the Notices will also include a section with the 417 rates. I don't know about day of the week or month, but all the 2008 Notices were issued in the first 10 days of the month, ranging from the 4th to the 9th. Likely, it will be issued and available on an IRS website, and on BenefitsLink, before it appears in the Internal Revenue Bulletin. Thank you for the extremely thoughtful reply. The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice. Link to comment Share on other sites More sharing options...
SoCalActuary Posted July 14, 2008 Share Posted July 14, 2008 http://www.federalreserve.gov/Releases/H15/ The Fed releases their results weekly. The first monday of each month, you can find the average yields on 30 yr treasurys. Link to comment Share on other sites More sharing options...
david rigby Posted July 14, 2008 Share Posted July 14, 2008 SoCal is correct, but remember that it is never official until the IRS provides the rate. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice. Link to comment Share on other sites More sharing options...
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