ConnieStorer Posted April 8 Posted April 8 Does anyone know when the updated segment rates will be available? The last rates we have are January 2025.
Effen Posted April 8 Posted April 8 Usually published here: https://www.irs.gov/retirement-plans/minimum-present-value-segment-rates, but not sure why Feb rates aren't there yet? Feb is here: https://www.irs.gov/pub/irs-drop/n-25-17.pdf 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.
david rigby Posted April 8 Posted April 8 Yes. As @Effen points out, the chart on the IRS website is useful and organized but is sometimes not updated timely. Recent "developments" in DC might be the cause of delay, now and in the future. Also, the "drop" website in the second link above will have IRS documents (regulations, notices, announcements, procedures) posted, often a few days before an official release date. Very useful; it should be bookmarked on your computer. In the case at hand, the segment rates are always issued via IRS Notice, usually 10-15 days after the end of the month; in that link above, Notice 25-17 is embedded in the URL as "n-25-17". The "parent" URL is https://www.irs.gov/downloads/irs-drop, where you can use similar patterns to look for other documents. At this URL, the column headings can be used to sort. 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.
Lois Baker Posted April 8 Posted April 8 FWIW, we do monitor the IRS website for those updates; they appear in the BenefitsLink newsletter when they're published. Notice 25-17 was published March 5, but Notice 25-14 (the February rates) wasn't released until February 12. No Notice issued yet in April (but having said that, I wouldn't be surprised to see it in the next day or two).
ConnieStorer Posted April 8 Author Posted April 8 Thanks everyone. The normal url that we use does not show the updated rates. Guess I need to snoop around more.
Lois Baker Posted April 15 Posted April 15 Hot off the presses, here's the April rate notice: https://www.irs.gov/pub/irs-drop/n-25-21.pdf
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