72t Calculator using Monthly Rate for the AFR

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L1: 72t Calculator using Monthly Rate for the AFR1) If I usethe monthly rate instead of the yearly rate for the AFR, can I still use the72t calculator at this web site?
2) Are all the questions answered the same [except for the Reasonable Interest Rate] for the monthly rate as would be answered if one were using the yearly rate for the AFR?
Thanks, Jeff2003-02-23 08:51, By: jeff, IP: [127.0.0.1]

L2: 72t Calculator using Monthly Rate for the AFRSince the monthly rate is less than the annual rate, you should have no problem using the monthy rate. RR 2002-62 merely defines the maximum rate.2003-02-23 09:00, By: Gfw, IP: [127.0.0.1]