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Last seen: Sep 7, 2021
@livingthedream After thinking about the comment period I looked into it more. It does seem that there should be one based on what I’ve seen for other...
@livingthedream The attorneys were, not surprisingly, vague. They basically said they could not rule on my PLR because new guidance is coming. When I ...
@livingthedream my plan is keep checkingat least once a month. I’d search for something like “2002-62” (a reference to the current Revenue Ruling guid...
Some good investments over the year plus a big investment in TSLA the summer of 2019 (I thought at the time that I could easily get a 50% return withi...
Using the “4% rule” would be $160,000, which would work out to $308,417 difference over 9.5 years without annual recalculation.
I will be 50 next year when I plan to withdraw. Assuming a 4,000,000 balance a 0.5% rate would allow a maximum of $127,535. The average midterm rate s...
Congress didn’t define the rule of using the fed midterm rate, the IRS made that rule. At the time federal midterm rate was reasonable, now doesn’t se...
It looks like a personal (as apposed to a business) PLR starts at $2800. quoted below from: (4) Reduced user fee for a request for a letter ruling, ...
Congress wouldn’t need to be involved. They defined the law as a “reasonable interest” rate. It was an IRS Rule. Not knowing anything about Private Le...
I was wondering if anyone has ever asked for a Private Letter Ruling on interest rates. The law only requires a “reasonable interest” rate be used in...