December 2006 Interest Rates

November 21, 2006 – The IRS has released the applicable federal interest rates for December 2006 as posted in Revenue Ruling 2006-61. These rates are used for such purposes as calculating retirement arrangement distributions that meet the substantially equal periodic payment requirements of IRC Sec. 72(t)(2)(A)(iv).

Revenue Ruling 2006-61 may be accessed as follows.
http://www.irs.ustreas.gov/pub/irs-drop/rr-06-61.pdf