December Interest Rate
L1: December Interest RateDecember, 2010… 120% Mid-Term = 1.83%, Applicable Federal Rates for 72(t) and 72(q) distributions. ClickHERE
We are going to have to re-check our formulas – this is the biggest gap that we have had between the estimated rate and the actual rate in a long time. Our formulas haven’t changed, maybe they changed theirs.2010-11-18 21:52, By: Gfw, IP: [22.214.171.124]
L2: December Interest RateEasy come, easy go!2010-11-19 16:11, By: Tom R, IP: [126.96.36.199]
L2: December Interest RateGfw:
Can you give us some insight into how you changed your formula?
Different weight to shorter term bonds v. longer?
Informal advice from IRS?
2010-12-14 14:30, By: Tom R, IP: [188.8.131.52]
L3: December Interest RateI am puzzled by your post Gordon. You estimated 1.85% and it came in 1.83% for December. There are older months with .03% and .04% variances between estimated and actual. December’s estimate looks pretty good to me. Ken2010-12-15 05:07, By: Ken, IP: [184.108.40.206]
L4: December Interest RateAt the end of last month, the original variance was much greater – somewhere around 5 to 6 basis points.
The variance numbers that that you are looking at are from the new formula – we did backwards adjustments to previous calculations so that we could see how the new formula stacks up.
While we are getting closer, we are also still playing with the formula.2010-12-15 11:14, By: Gfw, IP: [220.127.116.11]