September 2019 SEPP/72(t)/Applicable Federal Rates
Last Updated August 23, 2019
The IRS has issued the Applicable Federal Rates for September 2019, in Revenue Ruling 2019-20. Among other things, this rate is used to calculate 72(t) Payments/SEPPs.
When calculating a SEPP using the annuitization or amortization methods, an assumed rate of interest that is not more than 120 percent of the federal mid-term rate (determined in accordance with IRC § 1274(d) for either of the two months immediately preceding the month in which the distribution begins) can be used.
Mid-term Rates for this month
|
|
Period for Compounding |
|||
|
|
Annual |
Semiannual |
Quarterly |
Monthly |
|
120% AFR |
2.13% |
2.12% |
2.11% |
2.11 % |
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