Follow-up to AFR and Recalculation post

L1: Follow-up to AFR and Recalculation postThanks Gordon for quick response. I just have several follow-up questions:
For this year, can I also select an AFR from the two previous months?
Also I thought with the annuitization method, one is locked into a fixed $ amount each year for 5 years or until 59 1/2 [which ever is longer]. Please clarify the recalculation as it relates to the annuitization method.
Thanks again, Jeff2002-10-17 20:33, By: jeff, IP: [127.0.0.1]

L2: Follow-up to AFR and Recalculation postThere have been PLRs that have allowed recalculation using both the amortization and annuitization methods. Check the FAQ section. Recalculation using any method other than MD will be history on 1/1/2003.2002-10-18 06:36, By: gfw, IP: [127.0.0.1]