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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 756808  
Subject: Re: 72(t) SEPP rate questions Date: 1/14/2000 11:52 AM
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goingfishin asks,

The Jan 2000 Federal table 1 includes a 120% rate of 7.77, while 1.2 times 100% rate(6.45) equals 7.74(also used by the Retire Early Java calculator). Which can I safely use(and why the difference)?

I've noticed the same thing. The algorithm the IRS uses to determine 120%AFR always seems to yield a number a few hundreths of a point higher than multiplying 100%AFR times 1.2.

I agree with TheBadger that the difference can be ignored, especially if you're using the lower number.

intercst

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