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Interest Rates

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Byn446987

L1: Interest RatesThis question may be redundant, but I’ll ask it anyway for my clarification.Can I use the “Annual Long Term Federal Rate” to calculate my annual SEPP (amortization method) amount and then take monthly installments. Or, because I want a monthly (or even a quarterly) installment do I need to the respective monthly (or quarterly) Lont Term Rate?Thanks, Norm 2001-12-17 12:56, By: n446987, IP: [127.0.0.1]
L2: RE: Interest RatesMy personal preference is to do the annual calculation and then divide the annual payment by 12. Check out our sample form – it has this option. You are always better off asking the questions up-front, before you begin the plan. It saves a lot of later problems.Have a great day!2001-12-17 13:00, By: Gfw, IP: [127.0.0.1]

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