View all text of Subjgrp 6 [§ 20.2031–7A - § 20.2031–7A]

§ 20.2031–7A - Valuation of annuities, interests for life or a term of years, and remainder or reversionary interests for estates of decedents for which the valuation date of the gross estate is before June 1, 2023.

(a) Valuation of annuities, interests for life or term of years, and remainder or reversionary interests for estates of decedents for which the valuation date of the gross estate is before January 1, 1952. Except as otherwise provided in § 20.2031–7(b), if the valuation date of the decedent's gross estate is before January 1, 1952, the present value of annuities, life estates, terms for years, remainders, and reversions is their present value determined under this section. If the valuation of the interest involved is dependent upon the continuation or termination of one or more lives or upon a term certain concurrent with one or more lives, the factor for the present value is computed on the basis of interest at the rate of 4 percent a year, compounded annually, and life contingencies as to each life involved from values that are based on the Actuaries' or Combined Experience Table of Mortality, as extended. This table and related factors are described in former § 81.10 (as contained in the 26 Cspan part 81 edition revised as of April 1, 1958). The present value of an interest measured by a term of years is computed on the basis of interest at the rate of 4 percent a year.

(b) Valuation of annuities, interests for life or term of years, and remainder or reversionary interests for estates of decedents for which the valuation date of the gross estate is after December 31, 1951, and before January 1, 1971. Except as otherwise provided in § 20.2031–7(b), if the valuation date for the decedent's gross estate is after December 31, 1951, and before January 1, 1971, the present value of annuities, life estates, terms of years, remainders, and reversions is their present value determined under this section. If the valuation of the interest involved is dependent upon the continuation or termination of one or more lives, or upon a term certain concurrent with one or more lives, the factor for the present value is computed on the basis of interest at the rate of 3 1/2 percent a year, compounded annually, and life contingencies as to each life involved are taken from U.S. Life Table 38. This table and related factors are set forth in former § 20.2031–7 (as contained in the 26 Cspan part 20 edition revised as of April 1, 1984). Special factors involving one and two lives may be found in or computed with the use of tables contained in the publication entitled “Actuarial Values for Estate and Gift Tax,” Internal Revenue Service Publication Number 11 (Rev. 5–59). This publication is no longer available for purchase from the Superintendent of Documents. However, it may be obtained by requesting a copy from: CC:DOM:CORP:T:R (IRS Publication 11), room 5228, Internal Revenue Service, POB 7604, Ben Franklin Station, Washington, DC 20044. The present value of an interest measured by a term of years is computed on the basis of interest at the rate of 3 1/2 percent a year.

(c) Valuation of annuities, interests for life or term of years, and remainder or reversionary interests for estates of decedents for which the valuation date of the gross estate is after December 31, 1970, and before December 1, 1983. Except as otherwise provided in § 20.2031–7(b), if the valuation date of the decedent's gross estate is after December 31, 1970, and before December 1, 1983, the present value of annuities, life estates, terms of years, remainders, and reversions is their present value determined under this section. If the valuation of the interest involved is dependent upon the continuation of or termination of one or more lives or upon a term certain concurrent with one or more lives, the factor for the present value is computed on the basis of interest at the rate of 6 percent a year, compounded annually, and life contingencies are determined as to each male and female life involved, from values that are set forth in Table LN. Table LN contains values that are taken from the life table for total males and the life table for total females appearing as Tables 2 and 3, respectively, in United States Life Tables: 1959–1960, published by the Department of Health and Human Services, Public Health Service. Table LN and related factors are set forth in former § 20.2031–10 (as contained in the 26 Cspan part 20 edition revised as of April 1, 1994). Special factors involving one and two lives may be found in or computed with the use of tables contained in Internal Revenue Service Publication 723, “Actuarial Values I: Valuation of Last Survivor Charitable Remainders,” (12–70), and Internal Revenue Service Publication 723A, “Actuarial Values II: Factors at 6 Percent Involving One and Two Lives,” (12–70). These publications are no longer available for purchase from the Superintendent of Documents. However, a copy of each may be obtained from: CC:DOM:CORP:T:R (IRS Publication 723/723A), room 5228, Internal Revenue Service, POB 7604, Ben Franklin Station, Washington, DC 20044.

(d) Valuation of annuities, interests for life or term of years, and remainder or reversionary interests for estates of decedents for which the valuation date of the gross estate is after November 30, 1983, and before May 1, 1989—(1) In general. (i) Except as otherwise provided in § 20.2031–7(b), if the decedent died after November 30, 1983, and the valuation date for the gross estate is before May 1, 1989, the fair market value of annuities, life estates, terms of years, remainders, and reversions is their present value determined under this section. If the decedent died after November 30, 1983, and before August 9, 1984, or, in cases where the valuation date of the decedent's gross estate is before May 1, 1989, if, on December 1, 1983, the decedent was mentally incompetent so that the disposition of the decedent's property could not be changed, and the decedent died on or after December 1, 1983, without having regained competency to dispose of the decedent's property, or if the decedent died within 90 days of the date on which the decedent first regained competency, the fair market value of annuities, life estates, terms for years, remainders, and reversions included in the gross estate of such decedent is their present value determined under either this section or § 20.2031–7A(c), at the option of the taxpayer. The value of annuities issued by companies regularly engaged in their sale, and of insurance policies on the lives of persons other than the decedent, is determined under § 20.2031–8. The fair market value of a remainder interest in a charitable remainder unitrust, as defined in § 1.664–3 of this chapter, is its present value determined under § 1.664–4 of this chapter. The fair market value of a life interest or term for years in a charitable remainder unitrust is the fair market value of the property as of the date of valuation less the fair market value of the remainder interest on such date determined under § 1.664–4 of this chapter. The fair market value of the interests in a pooled income fund, as defined in § 1.642(c)–5 of this chapter, is their value determined under § 1.642(c)–6 of this chapter.

(ii) The present value of an annuity, life estate, remainder, or reversion determined under this section which is dependent on the continuation or termination of the life of one person is computed by the use of Table A in paragraph (d)(6) of this section. The present value of an annuity, term for years, remainder, or reversion dependent on a term certain is computed by the use of Table B in paragraph (d)(6) of this section. If the interest to be valued is dependent upon more than one life or there is a term certain concurrent with one or more lives, see paragraph (d)(5) of this section. For purposes of the computations described in this section, the age of a person is to be taken as the age of that person at his or her nearest birthday.

(iii) In all examples set forth in this section, the decedent is assumed to have died on or after August 9, 1984, with the valuation date of the decedent's gross estate before May 1, 1989, and to have been competent to change the disposition of the property on December 1, 1983.

(2) Annuities. (i) If an annuity is payable annually at the end of each year during the life of an individual (as for example if the first payment is due one year after the decedent's death), the amount payable annually is multiplied by the figure in column 2 of Table A opposite the number of years in coumn 1 nearest the age of the individual whose life measures the duration of the annuity. If the annuity is payable annually at the end of each of year for a definite number of years, the amount payable annually is multiplied by the figure in column 2 of Table B opposite the number of years in column 1 representing the duration of the annuity. The application of this paragraph (d)(2)(i) may be illustrated by the following examples:

Example (1).The decedent received, under the terms of the decedent's father's will an annuity of $10,000 a year payable annually for the life of the decedent's elder brother. At the time the decedent died, an annual payment had just been made. The brother at the decedent's death was 40 years eight months old. By reference to Table A, the figure in column 2 opposite 41 years, the number nearest to the brother's actual age, is found to be 9.1030. The present value of the annuity at the date of the decedent's death is, therefore, $91,030 ($10,000 × 9.1030). Example (2).The decedent was entitled to receive an annuity of $10,000 a year payable annually throughout a term certain. At the time the decedent died, the annual payment had just been made and five more annual payments were still to be made. By reference to Table B, it is found that the figure in column 2 opposite five years is 3.7908. The present value of the annuity is, therefore, $37,908 ($10,000 × 3.7808).

(ii) If an annuity is payable at the end of semiannual, quarterly, monthly, or weekly periods during the life of an individual (as for example if the first payment is due one month after the decedent's death), the aggregate amount to be paid within a year is first multiplied by the figure in column 2 of Table A opposite the number of years in column 1 nearest the age of the individual whose life measures the duration of the annuity. The product so obtained is then multiplied by whichever of the following factors is appropriate:

1.0244 for semiannual payments, 1.0368 for quarterly payments, 1.0450 for monthly payments, 1.0482 for weekly payments. If the annuity is payable at the end of semiannual, quarterly, monthly, or weekly periods for a definite number of years, the aggregate amount to be paid within a year is first multiplied by the figure in column 2 of Table B opposite the number of years in column 1 representing the duration of the annuity. The product so obtained is then multiplied by whichever of the above factors is appropriate. The application of this paragraph (d)(2)(ii) may be illustrated by the following example: Example.The facts are the same as those contained in example (1) set forth in paragraph (d)(2)(i) of this section, except that the annuity is payable semiannually. The aggregate annual amount, $10,000, is multiplied by the factor 9.1030 and the product multiplied by 1.0244. The present value of the annuity at the date of the decedent's death is, therefore, $93,251.13 ($10,000 × 9.1030 × 1.0244).

(iii)(A) If the first payment of an annuity for the life of an individual is due at the beginning of the annual or other payment period rather than at the end (as for example if the first payment is to be made immediately after the decedent's death), the value of the annuity is the sum of (A) the first payment plus (B) the present value of a similar annuity, the first payment of which is not to be made until the end of the payment period, determined as provided in paragraphs (d)(2)(i) or (ii) of this section. the application of this paragraph (d)(2)(iii)(A) may be illustrated by the following example:

Example.The decedent was entitled to receive an annuity of $50 a month during the life of another person. The decedent died on the date the payment was due. At the date of the decedent's death, the person whose life measures the duration of the annuity was 50 years of age. The value of the annuity at the date of the decedent's death is $50 plus the product of $50 × 12 × 8.4743 (see Table A) × 1.0450 (See paragraph (d)(2)(ii) of this section). That is $50 plus $5,313.39, or $5,363.39.

(B) If the first payment of an annuity for a definite number of years is due at the beginning of the annual or other payment period, the applicable factor is the product of the factor shown in Table B multiplied by whichever of the following factors is appropriate:

1.1000 for annual payments, 1.0744 for semiannual payments, 1.0618 for quarterly payments, 1.0534 for monthly payments, 1.0502 for weekly payments. The application of this paragraph (d)(2)(iii)(B) may be illustrated by the following example: Example.The decedent was the beneficiary of an annuity of $50 a month. On the day a payment was due, the decedent died. There were 300 payments to be made, including the payment due. The value of the annuity as of the date of decedent's death is the product of $50 × 12 × 9.0770 (see Table B) × 1.0534, or $5,737.03.

(3) Life estates and terms for years. If the interest to be valued is the right of a person for his or her life, or for the life of another person, to receive the income of certain property or to use nonincome-producing property, the value of the interest is the value of the property multiplied by the figure in column 3 of Table A opposite the number of years nearest to the actual age of the measuring life. If the interest to be valued is the right to receive income of property or to use nonincome-producing property for a term of years, column 3 of Table B is used. The application of this paragraph (d)(3) may be illustrated by the following example:

Example.The decedent or the decedent's estate was entitled to receive the income from a fund of $50,000 during the life of the decedent's elder brother. Upon the brother's death, the remainder is to go to B. The brother was 31 years, five months old at the time of decedent's death. By reference to Table A the figure in column 3 opposite 31 years is found to be 0.95254. The present value of the decedent's interest is, therefore, $47,627 ($50,000 × 0.95254).

(4) Remainders or reversionary interests. If a decedent had, at the time of the decedent's death, a remainder or a reversionary interest in property to take effect after an estate for the life of another, the present value of the decedent's interest is obtained by multiplying the value of the property by the figure in column 4 of Table A opposite the number of years nearest to the actual age of the person whose life measures the preceding estate. If the remainder or reversion is to take effect at the end of the term for years, column 4 of Table B is used. The application of this paragraph (d)(4) may be illustrated by the following example:

Example.The decedent was entitled to receive certain property worth $50,000 upon the death of the decedent's elder sister, to whom the income was bequeathed for life. At the time of the decedent's death, the elder sister was 31 years five months old. By reference to Table A the figure in column 4 opposite 31 years is found to be .04746. The present value of the remainder interest at the date of the decedent's death is, therefore, $2,373 ($50,000 × .04746).

(5) Actuarial computations by the Internal Revenue Service. If the valuation of the interest involved is dependent upon the continuation or the termination of more than one life or upon a term certain concurrent with one or more lives a special factor must be used. The factor is to be computed on the basis of interest at the rate of 10 percent a year, compounded annually, and life contingencies determined, as to each person involved, from the values of lx that are set forth in column 2 of Table LN of paragraph (d)(6). Table LN contains values of lx taken from the life table for the total population appearing as Table 1 of United States Life Tables: 1969–71, published by the Department of Health and Human Services, Public Health Service. Many special factors involving one and two lives may be found in or computed with the use of the tables contained in Internal Revenue Service Publication 723E, “Actuarial Values II: Factors at 10 Percent Involving One and Two Lives,” (12–83). This publication is no longer available for purchase from the Superintendent of Documents. However, it may be obtained by requesting a copy from: CC:DOM:CORP:T:R (IRS Publication 723E), room 5228, Internal Revenue Service, POB 7604, Ben Franklin Station, Washington, DC 20044. However, if a special factor is required in the case of an actual decedent, the Commissioner will furnish the factor to the executor upon request. The request must be accompanied by a statement of the date of birth of each person, the duration of whose life may affect the value of the interest, and by copies of the relevant instruments. Special factors are not furnished for prospective transfers.

(6) Tables. The following tables shall be used in the application of the provisions of this section:

Table A—Single Life, Unisex, 10 Percent—Table Showing the Present Worth of an Annuity, of a Life Estate, and a Remainder Interest—Applicable for Transfers After November 30, 1983, and Before May 1, 1989

(1) Age (2) Annuity (3) Life estate (4) Remainder 09.7188.97188.02812 19.8988.98988.01012 29.9017.99017.00983 39.9008.99008.00992 49.8981.98981.01019 59.8938.98938.01062 69.8884.98884.01116 79.8822.98822.01178 89.8748.98748.01252 99.8663.98663.01337 109.8565.98565.01435 119.8453.98453.01547 129.8329.98329.01671 139.8198.98198.01802 149.8066.98066.01934 159.7937.97937.02063 169.7815.97815.02185 179.7700.97700.02300 189.7590.97590.02410 199.7480.97480.02520 209.7365.97365.02635 219.7245.97245.02755 229.7120.97120.02880 239.6986.96986.03014 249.6841.96841.03159 259.6678.96678.03322 269.6495.96495.03505 279.6290.96290.03710 289.6062.96062.03938 299.5813.95813.04187 309.5543.95543.04457 319.5254.95254.04746 329.4942.94942.05058 339.4608.94608.05392 349.4250.94250.05750 359.3868.93868.06132 369.3460.93460.06540 379.3026.93026.06974 389.2567.92567.07433 399.2083.92083.07917 409.1571.91571.08429 419.1030.91030.08970 429.0457.90457.09543 438.9855.89855.10145 448.9221.89221.10779 458.8558.88558.11442 468.7863.87863.12137 478.7137.87137.12863 488.6374.86374.13626 498.5578.85578.14422 508.4743.84743.15257 518.3874.83874.16126 528.2969.82969.17031 538.2028.82028.17972 548.1054.81054.18946 558.0046.80046.19954 567.9006.79006.20994 577.7931.77931.22069 587.6822.76822.23178 597.5675.75675.24325 607.4491.74491.25509 617.3267.73267.26733 627.2002.72002.27998 637.0696.70696.29304 646.9352.69352.30648 656.7970.67970.32030 666.6551.66551.33449 676.5098.65098.34902 686.3610.63610.36390 696.2086.62086.37914 706.0522.60522.39478 715.8914.58914.41086 725.7261.57261.42739 735.5571.55571.44429 745.3862.53862.46138 755.2149.52149.47851 765.0441.50441.49559 774.8742.48742.51258 784.7049.47049.52951 794.5357.45357.54643 804.3659.43659.56341 814.1967.41967.58033 824.0295.40295.59705 833.8642.38642.61358 843.6998.36998.63002 853.5359.35359.64641 863.3764.33764.66236 873.2262.32262.67738 883.0859.30859.69141 892.9526.29526.70474 902.8221.28221.71779 912.6955.26955.73045 922.5771.25771.74229 932.4692.24692.75308 942.3728.23728.76272 952.2887.22887.77113 962.2181.22181.77819 972.1550.21550.78450 982.1000.21000.79000 992.0486.20486.79514 1001.9975.19975.80025 1011.9532.19532.80468 1021.9054.19054.80946 1031.8437.18437.81563 1041.7856.17856.82144 1051.6962.16962.83038 1061.5488.15488.84512 1071.3409.13409.86591 1081.0068.10068.89932 109.4545.04545.95455

Table B—Term Certain, Unisex, 10 Percent—Table Showing the Present Worth of an Annuity for a Term Certain, of an Income Interest for a Term Certain, and of a Remainder Interest Postponed for a Term Certain—Applicable for Transfers After November 30, 1983, and before May 1, 1989

(1) Number of years (2) Annuity (3) Term certain (4) Remainder 1.9091.090909.909091 21.7355.173554.826446 32.4869.248685.751315 43.1699.316987.683013 53.7908.379079.620921 64.3553.435526.564474 74.8684.486842.513158 85.3349.533493.466507 95.7590.575902.424098 106.1446.614457.385543 116.4951.649506.350494 126.8137.681369.318631 137.1034.710336.289664 147.3667.736669.263331 157.6061.760608.239392 167.8237.782371.217629 178.0216.802155.197845 188.2014.820141.179859 198.3649.836492.163508 208.5136.851356.148644 218.6487.864869.135131 228.7715.877154.122846 238.8832.888322.111678 248.9847.898474.101526 259.0770.907704.092296 269.1609.916095.083905 279.2372.923722.076278 289.3066.930657.069343 299.3696.936961.063039 309.4269.942691.057309 319.4790.947901.052099 329.5264.952638.047362 339.5694.956943.043057 349.6086.960857.039143 359.6442.964416.035584 369.6765.967651.032349 379.7059.970592.029408 389.7327.973265.026735 399.7570.975696.024304 409.7791.977905.022095 419.7991.979914.020086 429.8174.981740.018260 439.8340.983400.016600 449.8491.984909.015091 459.8628.986281.013719 469.8753.987528.012472 479.8866.988662.011338 489.8969.989693.010307 499.9063.990630.009370 509.9140.991481.008519 519.9226.992256.007744 529.9296.992960.007040 539.9360.993600.006400 549.9418.994182.005818 559.9471.994711.005289 569.9519.995191.004809 579.9563.995629.004371 589.9603.996026.003974 599.9639.996387.003613 609.9672.996716.003284

Table LN—Applicable for Transfers After November 30, 1983, and Before May 1, 1989

(1) Age X (2) lx 0100,000 197,998 297,876 397,792 497,724 597,668 697,619 797,573 897,531 997,494 1097,460 1197,430 1297,401 1397,367 1497,322 1597,261 1697,181 1797,083 1896,970 1996,846 2096,716 2196,580 2296,438 2396,292 2496,145 2596,000 2695,859 2795,721 2895,586 2995,448 3095,307 3195,158 3295,003 3394,840 3494,666 3594,482 3694,285 3794,073 3893,843 3993,593 4093,322 4193,028 4292,712 4392,368 4491,995 4591,587 4691,144 4790,662 4890,142 4989,579 5088,972 5188,315 5287,605 5386,838 5486,007 5585,110 5684,142 5783,103 5881,988 5980,798 6079,529 6178,181 6276,751 6375,236 6473,631 6571,933 6670,139 6768,246 6866,254 6964,166 7061,984 7159,715 7257,360 7354,913 7452,363 7549,705 7646,946 7744,101 7841,192 7938,245 8035,285 8132,323 8229,375 8326,469 8423,638 8520,908 8618,282 8715,769 8813,407 8911,240 909,297 917,577 926,070 934,773 943,682 952,786 962,068 971,511 981,087 99772 100542 101375 102257 103175 104117 10578 10652 10734 10822 10914 1100

(e) Valuation of annuities, interests for life or term of years, and remainder or reversionary interests for estates of decedents for which the valuation date of the gross estate is after April 30, 1989, and before May 1, 1999—(1) In general. Except as otherwise provided in § 20.2031–7(b) and § 20.7520–3(b) (pertaining to certain limitations on the use of prescribed tables), if the valuation date for the gross estate of the decedent is after April 30, 1989, and before May 1, 1999, the fair market value of annuities, life estates, terms of years, remainders, and reversionary interests is the present value of the interests determined by use of standard or special section 7520 actuarial factors and the valuation methodology described in § 20.2031–7(d). These factors are derived by using the appropriate section 7520 interest rate and, if applicable, the mortality component for the valuation date of the interest that is being valued. See §§ 20.7520–1 through 20.7520–4. See paragraph (e)(4) of this section for determination of the appropriate table for use in valuing these interests.

(2) Transitional rule. (i) If the valuation date is after April 30, 1989, and before June 10, 1994, a taxpayer can rely on Notice 89–24 (1989–1 C.B. 660), or Notice 89–60 (1989–1 C.B. 700). See § 601.601(d)(2)(ii)(b) of this chapter.

(ii) If a decedent dies after April 30, 1989, and if on May 1, 1989, the decedent was mentally incompetent so that the disposition of the decedent's property could not be changed, and the decedent dies without having regained competency to dispose of the decedent's property or dies within 90 days of the date on which the decedent first regains competency, the fair market value of annuities, life estates, terms for years, remainders, and reversions included in the gross estate of the decedent is their present value determined either under this section or under the corresponding section applicable at the time the decedent became mentally incompetent, at the option of the decedent's executor. For example, see paragraph (d) of this section.

(3) Publications and actuarial computations by the Internal Revenue Service. Many standard actuarial factors not included in paragraph (e)(4) of this section or in § 20.2031–7(d)(6) are included in Internal Revenue Service Publication 1457, “Actuarial Values, Alpha Volume,” (8–89). Publication 1457 also includes examples that illustrate how to compute many special factors for more unusual situations. Publication 1457 is no longer available for purchase from the Superintendent of Documents, United States Government Printing Office, Washington, DC 20402. However, pertinent factors in this publication may be obtained from: CC:DOM:CORP:R (IRS Publication 1457), room 5226, Internal Revenue Service, POB 7604, Ben Franklin Station, Washington, DC 20044. If a special factor is required in the case of an actual decedent, the Internal Revenue Service may furnish the factor to the executor upon a request for a ruling. The request for a ruling must be accompanied by a recitation of the facts including a statement of the date of birth for each measuring life, the date of the decedent's death, any other applicable dates, and a copy of the will, trust, or other relevant documents. A request for a ruling must comply with the instructions for requesting a ruling published periodically in the Internal Revenue Bulletin (see §§ 601.201 and 601.601(d)(2)(ii)(b) of this chapter) and include payment of the required user fee.

(4) Actuarial tables. Except as provided in § 20.7520–3(b) (pertaining to certain limitations on the use of prescribed tables), Life Table 80CNSMT and Table S (Single life remainder factors applicable where the valuation date is after April 30, 1989, and before May 1, 1999), contained in this paragraph (e)(4), and Table B, Table J, and Table K set forth in § 20.2031–7(d)(6) must be used in the application of the provisions of this section when the section 7520 interest rate component is between 4.2 and 14 percent. Table S and Table 80CNSMT are as follows:

Table S—Based on Life Table 80CNSMT Single Life Remainder Factors

[Applicable After April 30, 1989, and Before May 1, 1999]

Age Interest rate 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0% 0.07389.06749.06188.05695.05261.04879.04541.04243.03978.03744 1.06494.05832.05250.04738.04287.03889.03537.03226.02950.02705 2.06678.05999.05401.04874.04410.03999.03636.03314.03028.02773 3.06897.06200.05587.05045.04567.04143.03768.03435.03139.02875 4.07139.06425.05796.05239.04746.04310.03922.03578.03271.02998 5.07401.06669.06023.05451.04944.04494.04094.03738.03421.03137 6.07677.06928.06265.05677.05156.04692.04279.03911.03583.03289 7.07968.07201.06521.05918.05381.04903.04477.04097.03757.03453 8.08274.07489.06792.06172.05621.05129.04689.04297.03945.03630 9.08597.07794.07079.06443.05876.05370.04917.04511.04148.03821 10.08936.08115.07383.06730.06147.05626.05159.04741.04365.04027 11.09293.08453.07704.07035.06436.05900.05419.04988.04599.04250 12.09666.08807.08040.07354.06739.06188.05693.05248.04847.04486 13.10049.09172.08387.07684.07053.06487.05977.05518.05104.04731 14.10437.09541.08738.08017.07370.06788.06263.05791.05364.04978 15.10827.09912.09090.08352.07688.07090.06551.06064.05623.05225 16.11220.10285.09445.08689.08008.07394.06839.06337.05883.05472 17.11615.10661.09802.09028.08330.07699.07129.06612.06144.05719 18.12017.11043.10165.09373.08656.08009.07422.06890.06408.05969 19.12428.11434.10537.09726.08992.08327.07724.07177.06679.06226 20.12850.11836.10919.10089.09337.08654.08035.07471.06959.06492 21.13282.12248.11311.10462.09692.08991.08355.07775.07247.06765 22.13728.12673.11717.10848.10059.09341.08686.08090.07546.07049 23.14188.13113.12136.11248.10440.09703.09032.08418.07858.07345 24.14667.13572.12575.11667.10839.10084.09395.08764.08187.07659 25.15167.14051.13034.12106.11259.10486.09778.09130.08536.07991 26.15690.14554.13517.12569.11703.10910.10184.09518.08907.08346 27.16237.15081.14024.13056.12171.11359.10614.09930.09302.08724 28.16808.15632.14555.13567.12662.11831.11068.10366.09720.09125 29.17404.16208.15110.14104.13179.12329.11547.10827.10163.09551 30.18025.16808.15692.14665.13721.12852.12051.11313.10631.10002 31.18672.17436.16300.15255.14291.13403.12584.11827.11127.10480 32.19344.18090.16935.15870.14888.13980.13142.12367.11650.10985 33.20044.18772.17598.16514.15513.14587.13730.12936.12201.11519 34.20770.19480.18287.17185.16165.15221.14345.13533.12780.12080 35.21522.20215.19005.17884.16846.15883.14989.14159.13388.12670 36.22299.20974.19747.18609.17552.16571.15660.14812.14022.13287 37.23101.21760.20516.19360.18286.17288.16358.15492.14685.13933 38.23928.22572.21311.20139.19048.18032.17085.16201.15377.14607 39.24780.23409.22133.20945.19837.18804.17840.16939.16097.15310 40.25658.24273.22982.21778.20654.19605.18624.17706.16847.16043 41.26560.25163.23858.22639.21499.20434.19436.18502.17627.16806 42.27486.26076.24758.23525.22370.21289.20276.19326.18434.17597 43.28435.27013.25683.24436.23268.22172.21143.20177.19270.18416 44.29407.27975.26633.25373.24191.23081.22038.21057.20134.19265 45.30402.28961.27608.26337.25142.24019.22962.21966.21028.20144 46.31420.29970.28608.27326.26120.24983.23913.22904.21951.21053 47.32460.31004.29632.28341.27123.25975.24892.23870.22904.21991 48.33521.32058.30679.29379.28151.26992.25897.24862.23883.22957 49.34599.33132.31746.30438.29201.28032.26926.25879.24888.23949 50.35695.34224.32833.31518.30273.29094.27978.26921.25918.24966 51.36809.35335.33940.32619.31367.30180.29055.27987.26973.26010 52.37944.36468.35070.33744.32486.31292.30158.29081.28057.27083 53.39098.37622.36222.34892.33629.32429.31288.30203.29170.28186 54.40269.38794.37393.36062.34795.33590.32442.31349.30308.29316 55.41457.39985.38585.37252.35983.34774.33621.32522.31474.30473 56.42662.41194.39796.38464.37193.35981.34824.33720.32666.31658 57.43884.42422.41028.39697.38426.37213.36053.34945.33885.32872 58.45123.43668.42279.40951.39682.38468.37307.36196.35132.34114 59.46377.44931.43547.42224.40958.39745.38584.37471.36405.35383 60.47643.46206.44830.43513.42250.41040.39880.38767.37699.36674 61.48916.47491.46124.44814.43556.42350.41192.40080.39012.37985 62.50196.48783.47427.46124.44874.43672.42518.41408.40340.39314 63.51480.50081.48736.47444.46201.45006.43856.42749.41684.40658 64.52770.51386.50054.48773.47540.46352.45208.44105.43043.42019 65.54069.52701.51384.50115.48892.47713.46577.45480.44422.43401 66.55378.54029.52727.51472.50262.49093.47965.46876.45824.44808 67.56697.55368.54084.52845.51648.50491.49373.48293.47248.46238 68.58026.56717.55453.54231.53049.51905.50800.49729.48694.47691 69.59358.58072.56828.55624.54459.53330.52238.51179.50154.49160 70.60689.59427.58205.57021.55874.54762.53683.52638.51624.50641 71.62014.60778.59578.58415.57287.56193.55131.54100.53099.52126 72.63334.62123.60948.59808.58700.57624.56579.55563.54577.53617 73.64648.63465.62315.61198.60112.59056.58029.57030.56059.55113 74.65961.64806.63682.62590.61527.60492.59485.58504.57550.56620 75.67274.66149.65054.63987.62948.61936.60950.59990.59053.58140 76.68589.67495.66429.65390.64377.63390.62427.61487.60570.59676 77.69903.68841.67806.66796.65811.64849.63910.62993.62097.61223 78.71209.70182.69179.68199.67242.66307.65393.64501.63628.62775 79.72500.71507.70537.69588.68660.67754.66867.65999.65151.64321 80.73768.72809.71872.70955.70058.69180.68320.67479.66655.65849 81.75001.74077.73173.72288.71422.70573.69741.68926.68128.67345 82.76195.75306.74435.73582.72746.71926.71123.70335.69562.68804 83.77346.76491.75654.74832.74026.73236.72460.71699.70952.70219 84.78456.77636.76831.76041.75265.74503.73756.73021.72300.71592 85.79530.78743.77971.77212.76466.75733.75014.74306.73611.72928 86.80560.79806.79065.78337.77621.76917.76225.75544.74875.74216 87.81535.80813.80103.79404.78717.78041.77375.76720.76076.75442 88.82462.81771.81090.80420.79760.79111.78472.77842.77223.76612 89.83356.82694.82043.81401.80769.80147.79533.78929.78334.77747 90.84225.83593.82971.82357.81753.81157.80570.79991.79420.78857 91.85058.84455.83861.83276.82698.82129.81567.81013.80466.79927 92.85838.85263.84696.84137.83585.83040.82503.81973.81449.80933 93.86557.86009.85467.84932.84405.83884.83370.82862.82360.81865 94.87212.86687.86169.85657.85152.84653.84160.83673.83192.82717 95.87801.87298.86801.86310.85825.85345.84872.84404.83941.83484 96.88322.87838.87360.86888.86420.85959.85502.85051.84605.84165 97.88795.88328.87867.87411.86961.86515.86074.85639.85208.84782 98.89220.88769.88323.87883.87447.87016.86589.86167.85750.85337 99.89612.89176.88745.88318.87895.87478.87064.86656.86251.85850 100.89977.89555.89136.88722.88313.87908.87506.87109.86716.86327 101.90326.89917.89511.89110.88712.88318.87929.87543.87161.86783 102.90690.90294.89901.89513.89128.88746.88369.87995.87624.87257 103.91076.90694.90315.89940.89569.89200.88835.88474.88116.87760 104.91504.91138.90775.90415.90058.89704.89354.89006.88661.88319 105.92027.91681.91337.90996.90658.90322.89989.89659.89331.89006 106.92763.92445.92130.91816.91506.91197.90890.90586.90284.89983 107.93799.93523.93249.92977.92707.92438.92170.91905.91641.91378 108.95429.95223.95018.94814.94611.94409.94208.94008.93809.93611 109.97985.97893.97801.97710.97619.97529.97438.97348.97259.97170

Table S—Based on Life Table 80CNSMT Single Life Remainder Factors

[Applicable After April 30, 1989, and Before May 1, 1999]

Age Interest rate 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0% 0.03535.03349.03183.03035.02902.02783.02676.02579.02492.02413 1.02486.02292.02119.01963.01824.01699.01587.01486.01395.01312 2.02547.02345.02164.02002.01857.01727.01609.01504.01408.01321 3.02640.02429.02241.02073.01921.01785.01662.01552.01451.01361 4.02753.02535.02339.02163.02005.01863.01735.01619.01514.01418 5.02883.02656.02453.02269.02105.01956.01822.01700.01590.01490 6.03026.02790.02578.02387.02215.02060.01919.01792.01677.01572 7.03180.02935.02714.02515.02336.02174.02027.01894.01773.01664 8.03347.03092.02863.02656.02469.02300.02146.02007.01881.01766 9.03528.03263.03025.02810.02615.02438.02278.02133.02000.01880 10.03723.03449.03201.02977.02774.02590.02423.02271.02133.02006 11.03935.03650.03393.03160.02949.02757.02583.02424.02279.02147 12.04160.03865.03598.03356.03136.02936.02755.02589.02438.02299 13.04394.04088.03811.03560.03331.03123.02934.02761.02603.02458 14.04629.04312.04025.03764.03527.03311.03113.02933.02768.02617 15.04864.04536.04238.03968.03721.03496.03290.03103.02930.02773 16.05099.04759.04451.04170.03913.03679.03466.03270.03090.02926 17.05333.04982.04662.04370.04104.03861.03638.03434.03247.03075 18.05570.05207.04875.04573.04296.04044.03812.03599.03404.03225 19.05814.05438.05095.04781.04494.04231.03990.03769.03565.03378 20.06065.05677.05321.04996.04698.04424.04173.03943.03731.03535 21.06325.05922.05554.05217.04907.04623.04362.04122.03901.03697 22.06594.06178.05797.05447.05126.04831.04559.04309.04078.03865 23.06876.06446.06051.05688.05355.05048.04766.04505.04265.04042 24.07174.06729.06321.05945.05599.05281.04987.04715.04465.04233 25.07491.07031.06609.06219.05861.05530.05224.04941.04680.04438 26.07830.07355.06918.06515.06142.05799.05481.05187.04915.04662 27.08192.07702.07250.06832.06446.06090.05759.05454.05170.04906 28.08577.08071.07603.07171.06772.06402.06059.05740.05445.05170 29.08986.08464.07981.07534.07120.06736.06380.06049.05742.05456 30.09420.08882.08383.07921.07492.07095.06725.06381.06061.05763 31.09881.09327.08812.08335.07891.07479.07095.06738.06405.06095 32.10369.09797.09267.08774.08315.07888.07491.07120.06774.06451 33.10885.10297.09750.09241.08767.08325.07913.07529.07170.06834 34.11430.10824.10261.09736.09246.08790.08363.07964.07592.07243 35.12002.11380.10800.10259.09754.09282.08841.08428.08041.07679 36.12602.11963.11366.10809.10288.09800.09344.08917.08516.08140 37.13230.12574.11961.11387.10850.10347.09876.09433.09018.08628 38.13887.13214.12584.11994.11441.10922.10436.09978.09549.09145 39.14573.13883.13237.12630.12061.11527.11025.10553.10109.09690 40.15290.14583.13920.13297.12712.12162.11644.11157.10698.10266 41.16036.15312.14633.13994.13393.12827.12294.11792.11318.10871 42.16810.16071.15375.14720.14103.13522.12973.12456.11967.11505 43.17614.16858.16146.15475.14842.14245.13682.13149.12645.12169 44.18447.17675.16948.16261.15613.15000.14421.13873.13355.12864 45.19310.18524.17780.17078.16414.15787.15192.14630.14096.13591 46.20204.19402.18644.17926.17247.16604.15995.15418.14870.14350 47.21128.20311.19538.18806.18112.17454.16830.16238.15676.15141 48.22080.21249.20462.19716.19007.18335.17696.17090.16513.15964 49.23059.22214.21413.20653.19930.19244.18591.17970.17379.16816 50.24063.23206.22391.21617.20881.20180.19514.18879.18274.17697 51.25095.24225.23398.22610.21861.21147.20466.19818.19199.18609 52.26157.25275.24436.23636.22874.22147.21453.20791.20159.19556 53.27249.26357.25505.24694.23919.23180.22474.21799.21154.20537 54.28369.27466.26604.25782.24995.24244.23526.22839.22181.21552 55.29518.28605.27734.26900.26103.25341.24611.23912.23243.22601 56.30695.29774.28893.28050.27242.26469.25728.25019.24338.23685 57.31902.30973.30084.29232.28415.27632.26881.26161.25469.24805 58.33138.32203.31306.30446.29621.28829.28069.27339.26637.25962 59.34402.33461.32558.31691.30859.30059.29290.28550.27839.27155 60.35690.34745.33836.32963.32124.31317.30540.29792.29073.28379 61.36999.36050.35137.34259.33414.32601.31817.31062.30334.29633 62.38325.37374.36458.35576.34726.33907.33117.32356.31621.30912 63.39669.38717.37799.36913.36060.35236.34441.33674.32933.32217 64.41031.40078.39159.38272.37415.36588.35789.35016.34270.33548 65.42416.41464.40545.39656.38798.37968.37166.36390.35639.34912 66.43825.42876.41958.41070.40211.39380.38576.37797.37043.36312 67.45260.44315.43399.42513.41655.40824.40019.39238.38482.37749 68.46720.45779.44868.43985.43129.42299.41494.40713.39956.39221 69.48197.47263.46357.45478.44625.43798.42995.42215.41458.40722 70.49686.48760.47861.46988.46140.45316.44516.43738.42983.42248 71.51182.50265.49374.48508.47666.46847.46051.45276.44523.43790 72.52685.51778.50896.50038.49203.48390.47599.46829.46079.45349 73.54194.53298.52426.51578.50751.49946.49161.48397.47652.46926 74.55714.54832.53972.53134.52317.51520.50744.49986.49247.48527 75.57250.56382.55536.54710.53904.53118.52351.51601.50870.50156 76.58803.57951.57120.56308.55515.54740.53984.53245.52522.51817 77.60369.59535.58720.57923.57144.56383.55639.54912.54200.53504 78.61942.61126.60329.59549.58787.58040.57310.56596.55896.55212 79.63508.62713.61935.61174.60428.59698.58983.58283.57597.56925 80.65059.64285.63527.62785.62058.61345.60646.59961.59290.58632 81.66579.65827.65090.64368.63659.62965.62283.61615.60959.60316 82.68061.67332.66616.65914.65226.64550.63886.63235.62595.61968 83.69499.68793.68099.67418.66749.66092.65447.64813.64191.63579 84.70896.70213.69541.68881.68233.67595.66969.66353.65748.65153 85.72256.71596.70947.70308.69681.69063.68456.67859.67271.66693 86.73569.72931.72305.71688.71081.70484.69896.69318.68748.68188 87.74818.74204.73599.73003.72417.71839.71271.70711.70159.69616 88.76011.75419.74836.74261.73695.73137.72588.72046.71512.70986 89.77169.76599.76037.75484.74938.74400.73870.73347.72831.72323 90.78302.77755.77215.76683.76158.75640.75129.74625.74128.73638 91.79395.78870.78352.77842.77337.76840.76349.75864.75385.74913 92.80423.79920.79423.78933.78449.77971.77499.77033.76572.76118 93.81377.80894.80417.79946.79481.79022.78568.78120.77677.77239 94.82247.81784.81325.80873.80425.79983.79547.79115.78688.78266 95.83033.82586.82145.81709.81278.80852.80431.80014.79602.79195 96.83729.83298.82872.82451.82034.81622.81215.80812.80414.80019 97.84361.83944.83532.83124.82721.82322.81927.81537.81151.80769 98.84929.84525.84126.83730.83339.82952.82569.82190.81815.81443 99.85454.85062.84674.84290.83910.83534.83161.82792.82427.82066 100.85942.85561.85184.84810.84440.84074.83711.83352.82997.82644 101.86408.86037.85670.85306.84946.84589.84236.83886.83539.83196 102.86894.86534.86177.85823.85473.85126.84782.84442.84104.83770 103.87408.87060.86714.86371.86032.85695.85362.85031.84703.84378 104.87980.87644.87311.86980.86653.86328.86005.85686.85369.85054 105.88684.88363.88046.87731.87418.87108.86800.86494.86191.85890 106.89685.89389.89095.88804.88514.88226.87940.87656.87374.87094 107.91117.90858.90600.90344.90089.89836.89584.89334.89085.88838 108.93414.93217.93022.92828.92634.92442.92250.92060.91870.91681 109.97081.96992.96904.96816.96729.96642.96555.96468.96382.96296

Table S—Based on Life Table 80CNSMT Single Life Remainder Factors

[Applicable After April 30, 1989, and Before May 1, 1999]

Age Interest rate 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0% 0.02341.02276.02217.02163.02114.02069.02027.01989.01954.01922 1.01237.01170.01108.01052.01000.00953.00910.00871.00834.00801 2.01243.01172.01107.01048.00994.00944.00899.00857.00819.00784 3.01278.01203.01135.01073.01016.00964.00916.00872.00832.00795 4.01332.01253.01182.01116.01056.01001.00951.00904.00862.00822 5.01400.01317.01241.01172.01109.01051.00998.00949.00904.00862 6.01477.01390.01310.01238.01171.01110.01054.01002.00954.00910 7.01563.01472.01389.01312.01242.01178.01118.01064.01013.00966 8.01660.01564.01477.01396.01322.01254.01192.01134.01081.01031 9.01770.01669.01577.01492.01414.01342.01276.01216.01159.01107 10.01891.01785.01688.01599.01517.01442.01372.01308.01249.01194 11.02026.01915.01814.01720.01634.01555.01481.01414.01351.01293 12.02173.02056.01950.01852.01761.01678.01601.01529.01463.01402 13.02326.02204.02092.01989.01895.01807.01726.01651.01582.01517 14.02478.02351.02234.02126.02027.01935.01850.01771.01698.01630 15.02628.02495.02372.02259.02155.02058.01969.01886.01810.01738 16.02774.02635.02507.02388.02279.02178.02084.01997.01917.01842 17.02917.02772.02637.02513.02399.02293.02194.02103.02018.01940 18.03059.02907.02767.02637.02517.02406.02302.02207.02118.02035 19.03205.03046.02899.02763.02637.02521.02412.02312.02218.02131 20.03355.03188.03035.02892.02760.02638.02524.02419.02320.02229 21.03509.03334.03173.03024.02886.02758.02638.02527.02424.02328 22.03669.03487.03318.03162.03017.02882.02757.02640.02532.02430 23.03837.03646.03470.03306.03154.03013.02881.02759.02644.02538 24.04018.03819.03634.03463.03303.03155.03016.02888.02767.02655 25.04214.04006.03812.03633.03465.03309.03164.03029.02902.02784 26.04428.04210.04008.03820.03644.03481.03328.03186.03052.02928 27.04662.04434.04223.04025.03841.03670.03509.03360.03219.03088 28.04915.04677.04456.04249.04056.03876.03708.03550.03403.03264 29.05189.04941.04709.04493.04291.04102.03925.03760.03604.03458 30.05485.05226.04984.04757.04546.04348.04162.03988.03825.03671 31.05805.05535.05282.05045.04824.04616.04421.04238.04067.03905 32.06149.05867.05603.05356.05124.04906.04702.04510.04329.04160 33.06520.06226.05950.05692.05449.05221.05007.04806.04616.04438 34.06916.06609.06322.06052.05799.05560.05336.05125.04926.04738 35.07339.07020.06720.06439.06174.05925.05690.05469.05260.05063 36.07787.07455.07143.06850.06573.06313.06068.05836.05617.05411 37.08262.07917.07593.07287.06999.06727.06470.06228.05999.05783 38.08765.08407.08069.07751.07451.07167.06899.06646.06407.06180 39.09296.08925.08574.08243.07931.07635.07356.07092.06841.06604 40.09858.09472.09109.08765.08440.08132.07841.07565.07303.07055 41.10449.10050.09673.09316.08978.08658.08355.08067.07794.07535 42.11069.10656.10265.09895.09544.09212.08896.08596.08312.08041 43.11718.11291.10887.10503.10140.09794.09466.09154.08858.08576 44.12399.11958.11540.11143.10766.10407.10067.09743.09434.09141 45.13111.12656.12224.11814.11423.11052.10699.10362.10042.09736 46.13856.13387.12941.12516.12113.11728.11362.11013.10680.10363 47.14633.14150.13690.13252.12835.12438.12059.11697.11352.11022 48.15442.14945.14471.14020.13589.13179.12787.12412.12055.11713 49.16280.15769.15281.14816.14373.13949.13544.13157.12787.12433 50.17147.16622.16121.15643.15186.14749.14331.13931.13548.13182 51.18045.17507.16993.16501.16030.15580.15150.14737.14342.13963 52.18979.18427.17899.17394.16911.16448.16004.15579.15172.14780 53.19947.19383.18842.18324.17828.17352.16896.16458.16038.15635 54.20950.20372.19819.19288.18779.18291.17822.17372.16940.16524 55.21986.21397.20831.20288.19767.19266.18785.18322.17878.17450 56.23058.22457.21879.21324.20791.20278.19785.19310.18854.18414 57.24167.23554.22965.22399.21854.21329.20824.20338.19870.19419 58.25314.24690.24090.23512.22956.22420.21904.21407.20927.20464 59.26497.25863.25252.24664.24097.23550.23023.22515.22024.21551 60.27712.27068.26448.25849.25272.24716.24178.23659.23158.22674 61.28956.28304.27674.27067.26480.25913.25366.24837.24325.23831 62.30228.29567.28929.28312.27717.27141.26584.26045.25524.25020 63.31525.30857.30211.29586.28982.28397.27832.27284.26754.26240 64.32851.32176.31522.30890.30278.29685.29111.28555.28016.27493 65.34209.33528.32868.32229.31610.31010.30429.29865.29317.28787 66.35604.34918.34253.33609.32983.32377.31788.31217.30663.30124 67.37037.36347.35678.35028.34398.33786.33191.32614.32053.31508 68.38508.37815.37142.36489.35854.35237.34638.34055.33488.32937 69.40008.39313.38638.37982.37344.36724.36120.35533.34961.34405 70.41533.40838.40162.39504.38864.38241.37634.37043.36468.35907 71.43076.42382.41705.41047.40405.39780.39171.38578.38000.37436 72.44638.43945.43269.42611.41969.41344.40733.40138.39558.38991 73.46218.45527.44854.44197.43556.42931.42321.41725.41143.40575 74.47823.47137.46466.45812.45173.44549.43940.43345.42763.42195 75.49459.48777.48112.47462.46826.46205.45598.45004.44424.43856 76.51127.50452.49793.49148.48517.47900.47297.46706.46129.45563 77.52823.52157.51505.50867.50243.49632.49033.48447.47873.47311 78.54541.53885.53242.52613.51996.51392.50800.50220.49652.49094 79.56267.55621.54989.54369.53762.53166.52582.52009.51448.50897 80.57987.57354.56733.56125.55527.54941.54366.53802.53248.52705 81.59685.59065.58457.57860.57274.56699.56134.55579.55035.54499 82.61351.60746.60151.59567.58993.58429.57875.57331.56796.56270 83.62978.62387.61806.61236.60675.60123.59581.59047.58523.58007 84.64567.63992.63426.62869.62321.61783.61253.60731.60218.59713 85.66125.65565.65014.64472.63938.63413.62896.62387.61886.61392 86.67636.67092.66557.66030.65511.65000.64496.64000.63511.63030 87.69081.68554.68034.67522.67018.66520.66031.65548.65071.64602 88.70468.69957.69453.68956.68466.67983.67507.67037.66574.66117 89.71821.71326.70838.70357.69882.69414.68952.68495.68045.67601 90.73153.72676.72204.71739.71280.70827.70379.69938.69502.69071 91.74447.73986.73532.73083.72640.72202.71770.71343.70921.70504 92.75669.75225.74787.74354.73927.73504.73087.72674.72267.71864 93.76807.76379.75957.75540.75127.74719.74317.73918.73524.73135 94.77849.77437.77030.76627.76229.75835.75446.75061.74680.74303 95.78792.78394.78001.77611.77226.76845.76468.76096.75727.75362 96.79630.79244.78863.78485.78112.77742.77377.77015.76657.76303 97.80391.80016.79646.79280.78917.78559.78203.77852.77504.77160 98.81076.80712.80352.79996.79643.79294.78948.78606.78267.77931 99.81709.81354.81004.80657.80313.79972.79635.79302.78971.78644 100.82296.81950.81609.81270.80934.80602.80273.79947.79624.79304 101.82855.82518.82185.81854.81526.81201.80880.80561.80245.79932 102.83438.83110.82785.82462.82142.81826.81512.81200.80892.80586 103.84056.83737.83420.83106.82795.82487.82181.81878.81577.81279 104.84743.84433.84127.83822.83521.83221.82924.82630.82338.82048 105.85591.85295.85001.84709.84419.84132.83846.83563.83282.83003 106.86816.86540.86266.85993.85723.85454.85187.84922.84659.84397 107.88592.88348.88105.87863.87623.87384.87147.86911.86676.86443 108.91493.91306.91119.90934.90749.90566.90383.90201.90020.89840 109.96211.96125.96041.95956.95872.95788.95704.95620.95537.95455

Table S—Based on Life Table 80CNSMT Single Life Remainder Factors

[Applicable After April 30, 1989, and Before May 1, 1999]

Age Interest rate 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0% 0.01891.01864.01838.01814.01791.01770.01750.01732.01715.01698 1.00770.00741.00715.00690.00667.00646.00626.00608.00590.00574 2.00751.00721.00693.00667.00643.00620.00600.00580.00562.00544 3.00760.00728.00699.00671.00646.00622.00600.00579.00560.00541 4.00786.00752.00721.00692.00665.00639.00616.00594.00573.00554 5.00824.00788.00755.00724.00695.00668.00643.00620.00598.00578 6.00869.00832.00796.00764.00733.00705.00678.00654.00630.00608 7.00923.00883.00846.00811.00779.00749.00720.00694.00669.00646 8.00986.00943.00904.00867.00833.00801.00771.00743.00716.00692 9.01059.01014.00972.00933.00897.00863.00831.00801.00773.00747 10.01142.01095.01051.01009.00971.00935.00901.00869.00840.00812 11.01239.01189.01142.01098.01057.01019.00983.00950.00918.00889 12.01345.01292.01243.01197.01154.01113.01075.01040.01007.00975 13.01457.01401.01349.01300.01255.01212.01172.01135.01100.01067 14.01567.01508.01453.01402.01354.01309.01267.01227.01190.01155 15.01672.01610.01552.01498.01448.01400.01356.01314.01275.01238 16.01772.01707.01646.01589.01536.01486.01439.01396.01354.01315 17.01866.01798.01734.01674.01618.01566.01516.01470.01427.01386 18.01958.01886.01818.01755.01697.01641.01590.01541.01495.01452 19.02050.01974.01903.01837.01775.01717.01662.01611.01563.01517 20.02143.02064.01989.01919.01854.01793.01735.01681.01630.01582 21.02238.02154.02075.02002.01933.01868.01807.01750.01696.01646 22.02336.02247.02164.02087.02014.01946.01882.01821.01764.01711 23.02438.02345.02257.02176.02099.02027.01959.01895.01835.01778 24.02550.02451.02359.02273.02192.02115.02044.01976.01913.01853 25.02673.02569.02472.02381.02295.02214.02138.02067.01999.01936 26.02811.02701.02598.02502.02411.02326.02246.02170.02098.02031 27.02965.02849.02741.02639.02543.02452.02367.02287.02211.02140 28.03134.03013.02898.02790.02689.02593.02503.02418.02338.02262 29.03322.03193.03072.02958.02851.02750.02654.02564.02479.02398 30.03527.03391.03264.03143.03030.02923.02821.02726.02635.02550 31.03753.03610.03475.03348.03228.03115.03008.02907.02811.02720 32.04000.03849.03707.03573.03446.03326.03213.03105.03004.02907 33.04269.04111.03961.03819.03685.03558.03438.03325.03217.03115 34.04561.04394.04236.04087.03946.03812.03685.03565.03451.03342 35.04877.04702.04535.04378.04229.04087.03953.03826.03706.03591 36.05215.05031.04856.04690.04533.04384.04242.04108.03980.03859 37.05578.05384.05200.05025.04860.04703.04553.04411.04276.04148 38.05965.05761.05568.05385.05211.05045.04888.04738.04595.04460 39.06379.06165.05962.05770.05587.05412.05247.05089.04939.04795 40.06820.06596.06383.06181.05989.05806.05631.05465.05307.05155 41.07288.07054.06832.06620.06418.06226.06042.05868.05701.05541 42.07784.07539.07306.07085.06873.06671.06479.06295.06119.05952 43.08308.08052.07808.07576.07355.07143.06941.06748.06564.06387 44.08861.08594.08340.08097.07865.07644.07432.07230.07036.06851 45.09445.09167.08901.08648.08406.08174.07953.07741.07538.07343 46.10060.09770.09494.09230.08977.08735.08503.08281.08068.07865 47.10707.10406.10119.09843.09579.09327.09085.08853.08630.08417 48.11386.11073.10774.10487.10213.09949.09697.09455.09222.08999 49.12094.11769.11458.11160.10874.10600.10337.10084.09842.09609 50.12831.12494.12172.11862.11565.11280.11006.10743.10490.10247 51.13600.13251.12917.12596.12288.11991.11706.11432.11169.10915 52.14405.14044.13698.13366.13046.12738.12442.12157.11883.11619 53.15247.14875.14517.14172.13841.13522.13215.12919.12635.12360 54.16124.15740.15370.15014.14671.14341.14023.13717.13421.13136 55.17039.16642.16261.15893.15539.15198.14868.14551.14244.13948 56.17991.17583.17190.16811.16445.16092.15752.15423.15106.14799 57.18984.18564.18160.17769.17392.17029.16677.16338.16010.15692 58.20018.19587.19172.18770.18382.18007.17645.17295.16956.16628 59.21093.20652.20225.19812.19414.19028.18655.18294.17945.17606 60.22206.21753.21316.20893.20483.20087.19703.19332.18972.18624 61.23353.22890.22442.22009.21589.21182.20788.20407.20037.19678 62.24532.24059.23601.23158.22728.22311.21907.21515.21135.20767 63.25742.25260.24793.24339.23900.23473.23060.22658.22268.21890 64.26987.26495.26019.25556.25107.24671.24248.23837.23438.23050 65.28271.27771.27286.26815.26357.25912.25480.25059.24651.24254 66.29601.29093.28600.28120.27654.27200.26760.26331.25913.25507 67.30978.30462.29961.29474.29000.28539.28090.27653.27227.26813 68.32401.31879.31371.30877.30396.29927.29471.29027.28593.28171 69.33863.33336.32822.32322.31835.31359.30896.30445.30005.29576 70.35361.34829.34310.33804.33311.32830.32361.31903.31457.31021 71.36886.36349.35826.35316.34818.34332.33858.33394.32942.32500 72.38439.37899.37373.36858.36356.35866.35387.34919.34461.34015 73.40021.39479.38950.38432.37927.37433.36950.36478.36016.35565 74.41639.41096.40565.40046.39538.39042.38556.38081.37616.37161 75.43301.42758.42226.41706.41198.40699.40212.39734.39267.38809 76.45009.44467.43937.43417.42908.42410.41921.41443.40974.40514 77.46761.46221.45693.45175.44667.44170.43682.43203.42734.42274 78.48548.48013.47488.46973.46468.45972.45486.45009.44541.44082 79.50356.49826.49306.48795.48294.47802.47319.46845.46379.45922 80.52171.51647.51133.50628.50132.49644.49166.48695.48233.47779 81.53974.53457.52950.52451.51961.51479.51006.50541.50083.49633 82.55753.55245.54745.54254.53771.53296.52828.52369.51917.51472 83.57500.57001.56510.56026.55551.55083.54623.54170.53724.53285 84.59216.58726.58245.57770.57304.56844.56391.55945.55506.55074 85.60906.60428.59956.59492.59034.58583.58139.57702.57270.56845 86.62555.62088.61627.61173.60725.60284.59849.59420.58997.58580 87.64139.63683.63233.62790.62352.61921.61495.61076.60661.60253 88.65666.65221.64783.64350.63923.63502.63086.62675.62270.61871 89.67163.66730.66304.65882.65466.65055.64650.64249.63854.63463 90.68646.68226.67812.67402.66998.66599.66204.65814.65430.65049 91.70093.69686.69285.68888.68496.68108.67725.67347.66973.66604 92.71466.71073.70684.70300.69920.69545.69173.68806.68444.68085 93.72750.72370.71994.71622.71254.70890.70530.70174.69822.69474 94.73931.73562.73198.72838.72481.72129.71780.71434.71093.70755 95.75001.74644.74291.73941.73595.73253.72914.72579.72247.71919 96.75953.75606.75262.74923.74586.74253.73924.73598.73275.72955 97.76819.76481.76147.75816.75489.75165.74844.74526.74211.73899 98.77599.77270.76944.76621.76302.75986.75672.75362.75054.74750 99.78319.77998.77680.77365.77053.76744.76437.76134.75833.75535 100.78987.78673.78362.78054.77748.77446.77146.76849.76555.76263 101.79622.79315.79010.78708.78409.78113.77819.77528.77239.76953 102.80283.79983.79685.79390.79097.78807.78519.78234.77951.77671 103.80983.80690.80399.80111.79825.79541.79260.78981.78705.78430 104.81760.81475.81192.80912.80633.80357.80083.79810.79541.79273 105.82726.82451.82178.81907.81638.81371.81106.80843.80582.80322 106.84137.83879.83623.83368.83115.82863.82614.82366.82119.81874 107.86211.85981.85751.85523.85297.85071.84847.84624.84403.84182 108.89660.89481.89304.89127.88950.88775.88601.88427.88254.88081 109.95372.95290.95208.95126.95045.94964.94883.94803.94723.94643

Table S—Based on Life Table 80CNSMT Single Life Remainder Factors

[Applicable After April 30, 1989, and Before May 1, 1999]

Age Interest rate 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0% 0.01683.01669.01655.01642.01630.01618.01607.01596.01586.01576 1.00559.00544.00531.00518.00506.00494.00484.00473.00464.00454 2.00528.00513.00499.00485.00473.00461.00449.00439.00428.00419 3.00524.00508.00493.00479.00465.00453.00441.00429.00419.00408 4.00536.00519.00503.00488.00473.00460.00447.00435.00423.00412 5.00558.00540.00523.00507.00492.00477.00464.00451.00439.00427 6.00588.00569.00550.00533.00517.00502.00487.00473.00460.00448 7.00624.00604.00584.00566.00549.00532.00517.00502.00488.00475 8.00668.00646.00626.00606.00588.00570.00554.00538.00523.00509 9.00722.00699.00677.00656.00636.00617.00600.00583.00567.00552 10.00785.00761.00737.00715.00694.00674.00655.00637.00620.00604 11.00861.00835.00810.00786.00764.00743.00723.00704.00686.00668 12.00946.00918.00891.00866.00843.00820.00799.00779.00760.00741 13.01035.01006.00978.00951.00927.00903.00880.00859.00839.00819 14.01122.01091.01061.01034.01007.00982.00958.00936.00914.00894 15.01203.01171.01140.01110.01082.01056.01031.01007.00985.00963 16.01279.01244.01211.01181.01151.01123.01097.01072.01048.01025 17.01347.01311.01276.01244.01213.01184.01156.01130.01104.01081 18.01411.01373.01336.01302.01270.01239.01210.01182.01155.01130 19.01474.01434.01396.01359.01325.01293.01262.01233.01205.01178 20.01537.01494.01454.01415.01379.01345.01313.01282.01252.01224 21.01598.01553.01510.01470.01432.01396.01361.01329.01298.01268 22.01660.01613.01568.01525.01485.01446.01410.01375.01343.01312 23.01725.01674.01627.01581.01539.01498.01460.01423.01388.01355 24.01796.01742.01692.01644.01599.01556.01515.01476.01439.01404 25.01876.01819.01765.01714.01666.01621.01577.01536.01497.01460 26.01967.01907.01850.01796.01745.01696.01650.01606.01565.01525 27.02072.02008.01948.01890.01836.01784.01735.01688.01644.01601 28.02190.02122.02057.01996.01938.01883.01831.01781.01734.01689 29.02322.02249.02181.02116.02054.01996.01940.01887.01836.01788 30.02469.02392.02319.02250.02184.02122.02062.02006.01952.01900 31.02634.02552.02475.02401.02331.02264.02201.02140.02083.02028 32.02816.02729.02647.02568.02494.02423.02355.02291.02229.02170 33.03018.02926.02838.02755.02675.02600.02528.02459.02393.02331 34.03239.03142.03048.02960.02875.02795.02718.02645.02575.02508 35.03482.03378.03279.03185.03095.03009.02928.02850.02775.02704 36.03743.03633.03528.03428.03333.03242.03155.03072.02992.02916 37.04026.03909.03798.03692.03591.03494.03401.03313.03228.03147 38.04330.04207.04089.03977.03869.03767.03668.03574.03484.03398 39.04658.04528.04403.04284.04170.04061.03957.03857.03762.03670 40.05011.04873.04741.04615.04495.04379.04269.04163.04061.03964 41.05389.05244.05104.04971.04844.04721.04604.04492.04384.04281 42.05791.05638.05491.05350.05216.05086.04962.04844.04729.04620 43.06219.06057.05902.05754.05612.05475.05344.05218.05098.04981 44.06673.06503.06340.06184.06034.05890.05752.05619.05491.05368 45.07157.06978.06806.06642.06484.06332.06186.06046.05911.05781 46.07669.07481.07301.07128.06962.06802.06649.06501.06358.06221 47.08212.08015.07826.07645.07470.07302.07140.06984.06834.06690 48.08784.08578.08380.08190.08006.07830.07660.07496.07338.07186 49.09384.09169.08961.08762.08570.08384.08206.08034.07868.07708 50.10013.09787.09570.09361.09160.08966.08779.08598.08424.08256 51.10671.10436.10209.09991.09780.09577.09381.09192.09009.08832 52.11365.11120.10883.10655.10435.10222.10017.09819.09628.09442 53.12095.11840.11593.11355.11126.10904.10689.10482.10282.10088 54.12860.12595.12338.12090.11851.11619.11396.11179.10970.10767 55.13663.13386.13120.12862.12613.12372.12138.11912.11694.11482 56.14503.14217.13940.13672.13413.13162.12919.12683.12456.12235 57.15385.15089.14801.14523.14254.13994.13741.13496.13259.13029 58.16311.16004.15706.15418.15139.14868.14606.14352.14105.13866 59.17279.16961.16654.16355.16066.15786.15514.15250.14994.14745 60.18286.17958.17640.17332.17033.16743.16462.16188.15922.15664 61.19330.18992.18665.18347.18038.17738.17447.17164.16889.16622 62.20409.20061.19724.19396.19078.18768.18467.18175.17891.17614 63.21522.21165.20818.20480.20152.19833.19523.19221.18928.18642 64.22672.22306.21949.21602.21265.20937.20617.20306.20003.19708 65.23867.23491.23125.22769.22423.22085.21757.21437.21125.20821 66.25112.24727.24353.23988.23632.23286.22948.22619.22299.21986 67.26409.26016.25633.25260.24896.24541.24195.23857.23528.23206 68.27760.27359.26968.26586.26214.25851.25497.25151.24814.24484 69.29157.28748.28350.27961.27581.27211.26849.26495.26150.25812 70.30596.30181.29775.29379.28992.28614.28245.27884.27532.27187 71.32069.31648.31236.30833.30440.30055.29679.29312.28952.28600 72.33578.33151.32733.32325.31925.31535.31152.30778.30412.30054 73.35123.34691.34269.33855.33450.33054.32666.32286.31914.31550 74.36715.36279.35852.35434.35024.34623.34230.33845.33468.33098 75.38360.37921.37491.37069.36656.36250.35853.35464.35082.34708 76.40064.39623.39190.38765.38349.37941.37540.37148.36762.36384 77.41823.41381.40947.40521.40103.39692.39290.38895.38507.38126 78.43632.43189.42755.42329.41910.41499.41095.40698.40309.39926 79.45473.45032.44599.44173.43755.43344.42940.42543.42153.41770 80.47333.46894.46463.46040.45623.45213.44811.44414.44025.43642 81.49191.48755.48328.47907.47493.47085.46684.46290.45902.45520 82.51034.50603.50179.49762.49351.48947.48549.48157.47772.47392 83.52852.52427.52008.51595.51189.50788.50394.50006.49623.49246 84.54648.54228.53815.53407.53006.52610.52221.51836.51458.51084 85.56426.56013.55606.55205.54810.54420.54035.53656.53282.52913 86.58169.57764.57364.56970.56581.56197.55818.55445.55076.54713 87.59850.59452.59060.58673.58291.57913.57541.57174.56811.56453 88.61476.61086.60702.60322.59947.59577.59212.58851.58494.58142 89.63078.62697.62321.61950.61583.61220.60862.60508.60159.59813 90.64674.64302.63935.63573.63215.62861.62511.62165.61823.61485 91.66238.65877.65520.65167.64819.64474.64133.63795.63462.63132 92.67730.67379.67032.66689.66350.66014.65682.65354.65029.64708 93.69130.68789.68452.68119.67789.67463.67140.66820.66504.66191 94.70421.70090.69762.69438.69118.68800.68486.68175.67867.67563 95.71594.71272.70954.70639.70326.70017.69712.69409.69109.68812 96.72638.72325.72014.71707.71403.71101.70803.70507.70215.69925 97.73590.73285.72982.72682.72385.72090.71799.71510.71224.70941 98.74448.74149.73853.73560.73269.72981.72696.72414.72134.71856 99.75240.74948.74658.74371.74086.73805.73525.73248.72974.72702 100.75974.75687.75403.75121.74842.74566.74292.74020.73751.73484 101.76669.76388.76109.75833.75559.75287.75018.74751.74486.74223 102.77393.77117.76844.76573.76304.76037.75773.75511.75251.74993 103.78158.77888.77620.77355.77091.76830.76571.76313.76058.75805 104.79007.78743.78482.78222.77964.77709.77455.77203.76953.76705 105.80065.79809.79556.79304.79054.78805.78559.78314.78071.77829 106.81631.81389.81149.80911.80674.80438.80204.79972.79741.79511 107.83963.83745.83529.83313.83099.82886.82674.82463.82254.82045 108.87910.87739.87569.87400.87232.87064.86897.86731.86566.86401 109.94563.94484.94405.94326.94248.94170.94092.94014.93937.93860

Table 80CNSMT—Applicable After April 30, 1989, and Before May 1, 1999

Age × 1( × ) Age × 1( × ) Age × 1( × ) (1)(2)(1)(2)(1)(2) 0100000 3795492 7459279 1987403895317 7556799 2986483995129 7654239 3985844094926 7751599 4985354194706 7848878 5984954294465 7946071 6984594394201 8043180 7984264493913 8140208 8983964593599 8237172 9983704693256 8334095 10983474792882 8431012 11983284892472 8527960 12983094992021 8624961 13982855091526 8722038 14982485190986 8819235 15981965290402 8916598 16981295389771 9014154 17980475489087 9111908 18979535588348 92 9863 19978515687551 93 8032 20977415786695 94 6424 21976235885776 95 5043 22974995984789 96 3884 23973706083726 97 2939 24972406182581 98 2185 25971106281348 99 1598 26969826380024100 1150 27968566478609101 815 28967306577107102 570 29966046675520103 393 30964776773846104 267 31963506872082105 179 32962206970218106 119 33960887068248107 78 34959517166165108 51 35958087263972109 33 36956557361673110 0

(f) Valuation of annuities, interests for life or term of years, and remainder or reversionary interests for estates of decedents for which the valuation date of the gross estate is after April 30,1999, and before May 1, 2009—(1) In general. Except as otherwise provided in § 20.2031–7(b) and § 20.7520–3(b) (pertaining to certain limitations on the use of prescribed tables), if the valuation date for the gross estate of the decedent is after April 30, 1999, and before May 1, 2009, the fair market value of annuities, life estates, terms of years, remainders, and reversionary interests is the present value of the interests determined by use of standard or special section 7520 actuarial factors and the valuation methodology described in § 20.2031–7(d). These factors are derived by using the appropriate section 7520 interest rate and, if applicable, the mortality component for the valuation date of the interest that is being valued. See §§ 20.7520–1 through 20.7520–4. See paragraph (f)(4) of this section for determination of the appropriate table for use in valuing these interests.

(2) Transitional rule. (i) If a decedent dies after April 30, 1999, and if on May 1, 1999, the decedent was mentally incompetent so that the disposition of the decedent's property could not be changed, and the decedent dies without having regained competency to dispose of the decedent's property or dies within 90 days of the date on which the decedent first regains competency, the fair market value of annuities, life estates, terms for years, remainders, and reversions included in the gross estate of the decedent is their present value determined either under this section or under the corresponding section applicable at the time the decedent became mentally incompetent, at the option of the decedent's executor. For example, see paragraph (d) of this section.

(ii) If a decedent dies after April 30, 1999, and before July 1, 1999, the fair market value of annuities, life estates, remainders, and reversions based on one or more measuring lives included in the gross estate of the decedent is their present value determined under this section by use of the section 7520 interest rate for the month in which the valuation date occurs (see §§ 20.7520–1(b) and 20.7520–2(a)(2)) and the appropriate actuarial tables under either paragraph (e)(4) or paragraph (f)(4) of this section, at the option of the decedent's executor.

(iii) For purposes of paragraphs (f)(2)(i) and (f)(2)(ii) of this section, where the decedent's executor is given the option to use the appropriate actuarial tables under either paragraph (e)(4) or paragraph (f)(4) of this section, the decedent's executor must use the same actuarial table with respect to each individual transaction and with respect to all transfers occurring on the valuation date (for example, gift and income tax charitable deductions with respect to the same transfer must be determined based on the same tables, and all assets includible in the gross estate and/or estate tax deductions claimed must be valued based on the same tables).

(3) Publications and actuarial computations by the Internal Revenue Service. Many standard actuarial factors not included in paragraph (f)(4) of this section or in § 20.2031–7(d)(6) are included in Internal Revenue Service Publication 1457, “Actuarial Values, Book Aleph,” (7–99). Publication 1457 also includes examples that illustrate how to compute many special factors for more unusual situations. Publication 1457 is no longer available for purchase from the Superintendent of Documents, United States Government Printing Office. However, pertinent factors in this publication may be obtained from: CC:PA:LPD:PR (IRS Publication 1457), Room 5205, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044. If a special factor is required in the case of an actual decedent, the Internal Revenue Service may furnish the factor to the executor upon a request for a ruling. The request for a ruling must be accompanied by a recitation of the facts including a statement of the date of birth for each measuring life, the date of the decedent's death, any other applicable dates, and a copy of the will, trust, or other relevant documents. A request for a ruling must comply with the instructions for requesting a ruling published periodically in the Internal Revenue Bulletin (see §§ 601.201 and 601.601(d)(2)(ii)(b)) and include payment of the required user fee.

(4) Actuarial tables. Except as provided in § 20.7520–3(b) (pertaining to certain limitations on the use of prescribed tables), Life Table 90CM and Table S (Single life remainder factors applicable where the valuation date is after April 30, 1999, and before May 1, 2009), contained in this paragraph (f)(4), and Table B, Table J, and Table K set forth in § 20.2031–7(d)(6) must be used in the application of the provisions of this section when the section 7520 interest rate component is between 4.2 and 14 percent. Table S and Table 90CM are as follows:

(4) Actuarial Table S and Table 90CM where the valuation date is after April 30, 1999. Except as provided in § 20.7520–2(b) (pertaining to certain limitations on the use of prescribed tables), for determination of the present value of an interest that is dependent on the termination of a life interest, Table 90CM and Table S, single life remainder factors applicable where the valuation date is after April 30, 1999, contained in this paragraph (d)(7) (or Table S and Table 80CNSMT contained in § 20.2031–7A(e)(4) for valuation dates after April 30, 1989, and before May 1, 1999) and Table J and Table K contained in paragraph (d)(6) of this section, must be used in the application of the provisions of this section when the section 7520 interest rate component is between 4.2 and 14 percent.

Table S—Based on Life on Life Table 90CM Single Life Remainder Factors, Applicable After April 30, 1999, and Before May 1, 2009

[Interest rate]

Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0% 0.06752.06130.05586.05109.04691.04322.03998.03711.03458.03233 1.06137.05495.04932.04438.04003.03620.03283.02985.02721.02487 2.06325.05667.05088.04580.04132.03737.03388.03079.02806.02563 3.06545.05869.05275.04752.04291.03883.03523.03203.02920.02668 4.06784.06092.05482.04944.04469.04048.03676.03346.03052.02791 5.07040.06331.05705.05152.04662.04229.03845.03503.03199.02928 6.07310.06583.05941.05372.04869.04422.04025.03672.03357.03076 7.07594.06849.06191.05607.05089.04628.04219.03854.03528.03236 8.07891.07129.06453.05853.05321.04846.04424.04046.03709.03407 9.08203.07423.06731.06115.05567.05079.04643.04253.03904.03592 10.08532.07734.07024.06392.05829.05326.04877.04474.04114.03790 11.08875.08059.07331.06683.06104.05587.05124.04709.04336.04002 12.09233.08398.07653.06989.06394.05862.05385.04957.04572.04226 13.09601.08748.07985.07304.06693.06146.05655.05214.04816.04458 14.09974.09102.08322.07624.06997.06435.05929.05474.05064.04694 15.10350.09460.08661.07946.07303.06725.06204.05735.05312.04930 16.10728.09818.09001.08268.07608.07014.06479.05996.05559.05164 17.11108.10179.09344.08592.07916.07306.06755.06257.05807.05399 18.11494.10545.09691.08921.08227.07601.07034.06521.06057.05636 19.11889.10921.10047.09259.08548.07904.07322.06794.06315.05880 20.12298.11310.10417.09610.08881.08220.07622.07078.06584.06135 21.12722.11713.10801.09976.09228.08550.07935.07375.06866.06403 22.13159.12130.11199.10354.09588.08893.08260.07685.07160.06682 23.13613.12563.11612.10748.09964.09250.08601.08009.07468.06975 24.14084.13014.12043.11160.10357.09625.08958.08349.07793.07284 25.14574.13484.12493.11591.10768.10018.09334.08708.08135.07611 26.15084.13974.12963.12041.11199.10431.09728.09085.08496.07956 27.15615.14485.13454.12513.11652.10865.10144.09484.08878.08322 28.16166.15016.13965.13004.12124.11319.10580.09901.09279.08706 29.16737.15567.14497.13516.12617.11792.11035.10339.09699.09109 30.17328.16138.15048.14047.13129.12286.11510.10796.10138.09532 31.17938.16728.15618.14599.13661.12799.12004.11272.10597.09974 32.18568.17339.16210.15171.14214.13333.12520.11769.11076.10435 33.19220.17972.16824.15766.14790.13889.13058.12289.11578.10920 34.19894.18627.17460.16383.15388.14468.13618.12831.12102.11426 35.20592.19307.18121.17025.16011.15073.14204.13399.12652.11958 36.21312.20010.18805.17691.16658.15701.14814.13990.13225.12514 37.22057.20737.19514.18382.17331.16356.15450.14608.13825.13096 38.22827.21490.20251.19100.18031.17038.16113.15253.14452.13705 39.23623.22270.21013.19845.18759.17747.16805.15927.15108.14344 40.24446.23078.21805.20620.19516.18487.17527.16631.15795.15013 41.25298.23915.22626.21425.20305.19259.18282.17368.16514.15715 42.26178.24782.23478.22262.21125.20062.19069.18138.17267.16450 43.27087.25678.24360.23129.21977.20898.19888.18941.18053.17220 44.28025.26603.25273.24027.22860.21766.20740.19777.18873.18023 45.28987.27555.26212.24953.23772.22664.21622.20644.19724.18858 46.29976.28533.27179.25908.24714.23591.22536.21542.20606.19725 47.30987.29535.28171.26889.25682.24546.23476.22468.21518.20621 48.32023.30563.29190.27897.26678.25530.24447.23425.22460.21549 49.33082.31615.30234.28931.27702.26543.25447.24412.23434.22509 50.34166.32694.31306.29995.28756.27586.26479.25432.24441.23502 51.35274.33798.32404.31085.29838.28658.27541.26482.25479.24528 52.36402.34924.33525.32200.30946.29757.28630.27561.26547.25584 53.37550.36070.34668.33339.32078.30882.29746.28667.27643.26669 54.38717.37237.35833.34500.33234.32031.30888.29801.28766.27782 55.39903.38424.37019.35683.34413.33205.32056.30961.29918.28925 56.41108.39631.38227.36890.35617.34405.33250.32149.31099.30097 57.42330.40857.39455.38118.36844.35629.34469.33363.32306.31297 58.43566.42098.40699.39364.38089.36873.35710.34600.33538.32522 59.44811.43351.41956.40623.39350.38133.36968.35855.34789.33768 60.46066.44613.43224.41896.40624.39408.38243.37127.36058.35033 61.47330.45887.44505.43182.41914.40699.39535.38418.37347.36318 62.48608.47175.45802.44485.43223.42011.40848.39732.38660.37629 63.49898.48478.47115.45807.44550.43343.42184.41069.39997.38966 64.51200.49793.48442.47143.45895.44694.43539.42427.41357.40326 65.52512.51121.49782.48495.47255.46062.44912.43805.42738.41709 66.53835.52461.51137.49862.48634.47449.46307.45206.44143.43118 67.55174.53818.52511.51250.50034.48860.47727.46633.45576.44556 68.56524.55188.53899.52654.51452.50291.49168.48083.47034.46020 69.57882.56568.55299.54071.52885.51737.50627.49552.48513.47506 70.59242.57951.56703.55495.54325.53193.52096.51034.50004.49007 71.60598.59332.58106.56918.55767.54651.53569.52520.51503.50516 72.61948.60707.59504.58338.57206.56108.55043.54009.53004.52029 73.63287.62073.60895.59751.58640.57561.56513.55495.54505.53543 74.64621.63435.62282.61162.60073.59015.57985.56984.56009.55061 75.65953.64796.63671.62575.61510.60473.59463.58480.57523.56591 76.67287.66160.65063.63995.62954.61940.60952.59989.59050.58135 77.68622.67526.66459.65419.64404.63415.62450.61509.60590.59694 78.69954.68892.67856.66845.65858.64895.63955.63036.62140.61264 79.71278.70250.69246.68265.67308.66372.65457.64563.63690.62836 80.72581.71588.70618.69668.68740.67833.66945.66077.65227.64396 81.73857.72899.71962.71045.70147.69268.68408.67566.66741.65933 82.75101.74178.73274.72389.71522.70672.69840.69024.68225.67441 83.76311.75423.74553.73700.72864.72044.71240.70451.69678.68919 84.77497.76645.75809.74988.74183.73393.72618.71857.71110.70377 85.78665.77848.77047.76260.75487.74728.73982.73250.72530.71823 86.79805.79025.78258.77504.76764.76036.75320.74617.73925.73245 87.80904.80159.79427.78706.77998.77301.76615.75940.75277.74624 88.81962.81251.80552.79865.79188.78521.77865.77220.76584.75958 89.82978.82302.81636.80980.80335.79699.79072.78455.77847.77248 90.83952.83309.82676.82052.81437.80831.80234.79645.79064.78492 91.84870.84260.83658.83064.82479.81902.81332.80771.80217.79671 92.85716.85136.84563.83998.83441.82891.82348.81812.81283.80761 93.86494.85942.85396.84858.84326.83801.83283.82771.82266.81767 94.87216.86690.86170.85657.85149.84648.84153.83664.83181.82704 95.87898.87397.86902.86412.85928.85450.84977.84510.84049.83592 96.88537.88060.87587.87121.86659.86203.85751.85305.84864.84427 97.89127.88672.88221.87775.87335.86898.86467.86040.85618.85200 98.89680.89245.88815.88389.87968.87551.87138.86730.86326.85926 99.90217.89803.89393.88987.88585.88187.87793.87402.87016.86633 100.90738.90344.89953.89567.89183.88804.88428.88056.87687.87322 101.91250.90876.90504.90137.89772.89412.89054.88699.88348.88000 102.91751.91396.91045.90696.90350.90007.89668.89331.88997.88666 103.92247.91912.91579.91249.90922.90598.90276.89957.89640.89326 104.92775.92460.92148.91839.91532.91227.90924.90624.90326.90031 105.93290.92996.92704.92415.92127.91841.91558.91276.90997.90719 106.93948.93680.93415.93151.92889.92628.92370.92113.91857.91604 107.94739.94504.94271.94039.93808.93579.93351.93124.92899.92675 108.95950.95767.95585.95404.95224.95045.94867.94689.94512.94336 109.97985.97893.97801.97710.97619.97529.97438.97348.97259.97170
Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0% 0.03034.02857.02700.02559.02433.02321.02220.02129.02047.01973 1.02279.02094.01929.01782.01650.01533.01427.01331.01246.01168 2.02347.02155.01983.01829.01692.01569.01458.01358.01268.01187 3.02444.02243.02065.01905.01761.01632.01516.01412.01317.01232 4.02558.02349.02163.01996.01846.01712.01590.01481.01382.01292 5.02686.02469.02275.02101.01945.01804.01677.01562.01458.01364 6.02825.02600.02398.02217.02053.01906.01773.01653.01544.01445 7.02976.02742.02532.02343.02172.02019.01880.01754.01640.01536 8.03137.02894.02675.02479.02301.02140.01995.01864.01744.01635 9.03311.03059.02832.02627.02442.02274.02122.01985.01859.01745 10.03499.03237.03001.02788.02595.02420.02262.02118.01987.01867 11.03700.03428.03183.02961.02760.02578.02413.02262.02125.02000 12.03913.03632.03377.03146.02937.02748.02575.02418.02275.02144 13.04135.03843.03579.03339.03122.02924.02744.02580.02431.02294 14.04359.04057.03783.03534.03308.03102.02915.02744.02587.02444 15.04584.04270.03986.03728.03493.03279.03083.02905.02742.02593 16.04806.04482.04187.03919.03674.03452.03248.03063.02892.02736 17.05029.04692.04387.04108.03855.03623.03411.03218.03040.02877 18.05253.04905.04588.04299.04036.03795.03574.03373.03187.03017 19.05484.05124.04796.04496.04222.03972.03742.03532.03339.03161 20.05726.05354.05013.04702.04418.04158.03919.03700.03498.03313 21.05980.05595.05242.04920.04625.04354.04105.03877.03667.03473 22.06246.05847.05482.05147.04841.04559.04301.04063.03844.03642 23.06524.06112.05734.05387.05069.04777.04508.04260.04032.03821 24.06819.06392.06001.05642.05312.05008.04728.04470.04232.04012 25.07131.06690.06285.05913.05570.05255.04964.04695.04447.04218 26.07460.07005.06586.06200.05845.05518.05215.04936.04677.04438 27.07810.07340.06907.06508.06140.05800.05485.05195.04925.04676 28.08179.07693.07246.06833.06451.06098.05772.05469.05189.04929 29.08566.08065.07603.07176.06780.06414.06075.05761.05469.05198 30.08973.08456.07978.07536.07127.06748.06396.06069.05766.05483 31.09398.08865.08372.07915.07491.07098.06733.06394.06078.05785 32.09843.09294.08785.08313.07875.07468.07089.06737.06409.06103 33.10310.09745.09220.08732.08279.07858.07466.07100.06759.06441 34.10799.10217.09676.09173.08705.08269.07862.07483.07129.06798 35.11314.10715.10157.09638.09155.08704.08283.07890.07522.07179 36.11852.11236.10662.10127.09628.09162.08726.08319.07938.07581 37.12416.11783.11193.10641.10126.09645.09194.08772.08377.08006 38.13009.12359.11751.11183.10652.10155.09689.09253.08843.08459 39.13629.12962.12338.11753.11206.10693.10212.09761.09337.08938 40.14281.13597.12955.12355.11791.11262.10766.10299.09860.09447 41.14966.14264.13606.12989.12409.11864.11352.10870.10417.09989 42.15685.14966.14291.13657.13061.12500.11972.11475.11006.10564 43.16437.15702.15010.14360.13747.13171.12627.12115.11631.11174 44.17224.16472.15764.15098.14469.13876.13317.12789.12290.11819 45.18042.17274.16550.15867.15223.14615.14040.13496.12982.12496 46.18893.18110.17370.16671.16011.15387.14796.14238.13708.13207 47.19775.18975.18220.17505.16830.16190.15584.15010.14466.13950 48.20688.19873.19102.18373.17682.17027.16406.15817.15258.14727 49.21633.20804.20018.19274.18568.17898.17262.16658.16084.15539 50.22612.21769.20969.20210.19490.18805.18155.17536.16948.16388 51.23625.22769.21955.21182.20448.19749.19084.18452.17849.17275 52.24669.23799.22973.22186.21438.20726.20047.19400.18784.18196 53.25742.24861.24022.23222.22461.21735.21043.20383.19753.19151 54.26845.25952.25101.24290.23516.22777.22072.21399.20756.20140 55.27978.27074.26212.25389.24604.23853.23136.22450.21793.21166 56.29140.28227.27355.26522.25725.24963.24233.23535.22867.22227 57.30333.29411.28529.27686.26879.26106.25365.24656.23976.23324 58.31551.30621.29731.28878.28061.27278.26528.25807.25116.24453 59.32790.31854.30956.30095.29269.28477.27716.26986.26284.25610 60.34050.33107.32202.31334.30500.29699.28929.28190.27478.26794 61.35331.34384.33473.32598.31757.30948.30170.29422.28701.28007 62.36639.35688.34772.33892.33044.32229.31443.30687.29958.29255 63.37974.37020.36101.35216.34363.33542.32750.31986.31250.30539 64.39334.38378.37456.36568.35711.34884.34087.33317.32574.31857 65.40718.39761.38838.37947.37087.36257.35455.34681.33932.33208 66.42128.41172.40249.39357.38496.37663.36858.36079.35326.34597 67.43569.42616.41694.40803.39941.39107.38299.37518.36761.36028 68.45038.44089.43170.42281.41419.40585.39777.38994.38235.37499 69.46531.45587.44672.43786.42927.42094.41286.40503.39743.39006 70.48040.47103.46194.45312.44456.43626.42820.42038.41278.40540 71.49558.48629.47727.46851.46000.45174.44371.43591.42832.42095 72.51082.50162.49268.48399.47554.46733.45934.45157.44401.43666 73.52607.51697.50813.49952.49114.48299.47506.46733.45981.45249 74.54139.53241.52367.51515.50686.49879.49092.48325.47578.46849 75.55683.54798.53936.53095.52276.51477.50698.49938.49197.48474 76.57243.56373.55524.54696.53888.53100.52330.51579.50846.50130 77.58819.57965.57132.56318.55523.54747.53988.53247.52523.51815 78.60408.59572.58755.57957.57177.56414.55668.54939.54225.53527 79.62001.61184.60385.59604.58840.58092.57360.56644.55943.55256 80.63582.62786.62007.61244.60497.59765.59048.58347.57659.56985 81.65142.64367.63608.62864.62135.61421.60721.60034.59361.58701 82.66673.65920.65182.64458.63748.63052.62368.61698.61041.60395 83.68175.67444.66728.66024.65334.64656.63991.63338.62696.62066 84.69657.68950.68256.67574.66904.66246.65599.64964.64340.63727 85.71128.70446.69775.69116.68467.67830.67204.66587.65982.65386 86.72576.71919.71272.70636.70010.69394.68789.68193.67606.67029 87.73981.73349.72726.72114.71511.70917.70333.69757.69190.68632 88.75342.74735.74137.73548.72968.72396.71833.71279.70732.70194 89.76658.76076.75503.74938.74381.73832.73290.72757.72231.71712 90.77928.77371.76823.76281.75748.75221.74702.74190.73684.73186 91.79131.78600.78075.77557.77046.76542.76044.75553.75068.74589 92.80246.79737.79235.78740.78250.77767.77290.76818.76353.75893 93.81274.80788.80307.79832.79363.78899.78441.77989.77542.77100 94.82232.81766.81306.80850.80401.79956.79517.79082.78653.78228 95.83141.82695.82254.81818.81387.80961.80539.80122.79710.79302 96.83996.83569.83147.82729.82316.81907.81503.81103.80707.80315 97.84787.84378.83973.83573.83176.82784.82396.82012.81632.81255 98.85530.85138.84750.84366.83985.83609.83236.82867.82502.82140 99.86255.85880.85508.85140.84776.84415.84057.83703.83353.83005 100.86960.86601.86246.85894.85546.85200.84858.84519.84183.83849 101.87655.87313.86974.86638.86305.85975.85648.85324.85003.84684 102.88338.88012.87689.87369.87052.86738.86426.86116.85809.85505 103.89015.88706.88399.88095.87793.87494.87197.86903.86611.86321 104.89737.89446.89157.88871.88586.88304.88024.87745.87469.87195 105.90443.90170.89898.89628.89360.89094.88830.88568.88307.88049 106.91351.91101.90852.90605.90359.90115.89873.89632.89392.89154 107.92452.92230.92010.91791.91573.91356.91141.90927.90714.90502 108.94161.93987.93814.93641.93469.93298.93128.92958.92790.92622 109.97081.96992.96904.96816.96729.96642.96555.96468.96382.96296
Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0% 0.01906.01845.01790.01740.01694.01652.01613.01578.01546.01516 1.01098.01034.00977.00924.00876.00833.00793.00756.00722.00691 2.01113.01046.00986.00930.00880.00834.00791.00753.00717.00684 3.01155.01084.01020.00962.00909.00860.00816.00775.00737.00702 4.01211.01137.01069.01008.00952.00900.00853.00810.00770.00733 5.01279.01201.01130.01065.01006.00952.00902.00856.00814.00775 6.01356.01274.01199.01131.01068.01011.00959.00910.00865.00824 7.01442.01356.01277.01205.01140.01079.01023.00972.00925.00881 8.01536.01446.01363.01287.01218.01154.01096.01041.00991.00945 9.01641.01546.01460.01380.01307.01240.01178.01120.01068.01019 10.01758.01659.01567.01484.01407.01336.01270.01210.01154.01103 11.01886.01781.01686.01598.01517.01442.01373.01310.01251.01196 12.02024.01915.01814.01721.01636.01558.01485.01419.01357.01299 13.02168.02054.01948.01851.01762.01679.01603.01533.01467.01407 14.02313.02193.02083.01981.01887.01801.01721.01646.01578.01514 15.02456.02330.02214.02107.02009.01918.01834.01756.01684.01617 16.02593.02462.02340.02229.02126.02030.01942.01860.01785.01714 17.02728.02590.02463.02346.02238.02138.02046.01960.01880.01806 18.02861.02717.02584.02462.02348.02243.02146.02056.01972.01894 19.02998.02847.02708.02580.02461.02351.02249.02154.02066.01984 20.03142.02984.02839.02704.02580.02465.02357.02258.02165.02079 21.03295.03130.02978.02837.02706.02585.02473.02368.02271.02180 22.03455.03283.03124.02976.02839.02712.02594.02484.02382.02286 23.03626.03446.03279.03124.02981.02847.02723.02608.02500.02400 24.03809.03620.03446.03283.03133.02993.02863.02741.02628.02522 25.04005.03808.03625.03456.03298.03151.03014.02887.02768.02656 26.04216.04010.03819.03641.03476.03322.03178.03044.02919.02802 27.04444.04229.04029.03843.03670.03508.03357.03217.03085.02962 28.04687.04463.04254.04059.03877.03708.03550.03402.03263.03133 29.04946.04712.04493.04289.04099.03922.03756.03600.03455.03318 30.05221.04976.04748.04534.04335.04149.03975.03812.03659.03515 31.05511.05255.05017.04794.04585.04390.04208.04037.03876.03725 32.05818.05551.05302.05069.04851.04647.04455.04276.04107.03948 33.06144.05866.05606.05363.05135.04921.04720.04532.04355.04188 34.06489.06200.05928.05674.05436.05212.05002.04805.04619.04444 35.06857.06555.06273.06007.05758.05524.05304.05097.04902.04718 36.07246.06932.06638.06361.06101.05856.05626.05409.05205.05012 37.07659.07332.07025.06737.06466.06210.05969.05742.05528.05325 38.08098.07758.07439.07138.06855.06588.06336.06099.05874.05662 39.08563.08210.07878.07565.07270.06992.06729.06480.06245.06023 40.09059.08692.08347.08021.07714.07423.07149.06889.06643.06411 41.09586.09206.08848.08509.08189.07886.07600.07329.07072.06828 42.10147.09753.09381.09029.08696.08381.08083.07800.07531.07277 43.10742.10334.09948.09583.09237.08909.08598.08304.08024.07758 44.11373.10950.10551.10172.09813.09472.09148.08841.08549.08272 45.12035.11599.11185.10792.10420.10066.09730.09410.09106.08817 46.12732.12281.11853.11447.11061.10694.10345.10013.09696.09395 47.13460.12995.12553.12133.11733.11353.10991.10646.10317.10004 48.14223.13743.13287.12853.12439.12046.11671.11313.10972.10646 49.15020.14526.14056.13608.13181.12774.12385.12015.11661.11322 50.15855.15347.14862.14401.13960.13540.13138.12754.12388.12037 51.16727.16205.15707.15232.14777.14344.13929.13532.13153.12789 52.17634.17098.16587.16097.15630.15183.14755.14345.13953.13577 53.18576.18027.17501.16999.16518.16057.15616.15194.14789.14400 54.19552.18990.18451.17935.17441.16968.16514.16078.15661.15260 55.20564.19989.19437.18908.18402.17915.17449.17001.16571.16157 56.21613.21025.20461.19919.19400.18901.18422.17962.17519.17093 57.22698.22098.21522.20968.20436.19925.19434.18961.18507.18069 58.23816.23204.22616.22051.21507.20984.20481.19996.19530.19080 59.24962.24339.23740.23163.22608.22073.21558.21062.20584.20123 60.26136.25502.24892.24304.23738.23192.22666.22158.21669.21196 61.27339.26695.26075.25477.24900.24343.23806.23288.22787.22304 62.28578.27925.27295.26687.26100.25533.24985.24456.23945.23451 63.29854.29192.28553.27935.27339.26762.26205.25666.25145.24641 64.31164.30494.29846.29221.28615.28030.27463.26915.26384.25870 65.32508.31831.31177.30543.29930.29336.28761.28203.27663.27140 66.33891.33208.32547.31906.31285.30684.30101.29536.28987.28456 67.35318.34630.33963.33316.32689.32081.31491.30918.30363.29823 68.36785.36093.35422.34770.34138.33524.32928.32349.31787.31240 69.38290.37595.36920.36265.35628.35009.34408.33824.33256.32703 70.39823.39127.38450.37791.37151.36529.35924.35335.34762.34204 71.41378.40681.40003.39343.38701.38076.37467.36875.36298.35736 72.42950.42253.41575.40914.40271.39644.39034.38438.37858.37293 73.44535.43840.43162.42502.41858.41231.40619.40022.39440.38872 74.46139.45446.44771.44112.43469.42842.42230.41632.41049.40479 75.47769.47080.46408.45752.45111.44485.43874.43277.42693.42123 76.49430.48747.48079.47427.46790.46167.45558.44963.44380.43811 77.51123.50447.49786.49139.48506.47888.47282.46690.46111.45543 78.52845.52177.51523.50884.50257.49645.49044.48457.47881.47317 79.54584.53926.53282.52650.52032.51426.50833.50251.49681.49122 80.56325.55678.55044.54423.53813.53216.52630.52056.51492.50939 81.58054.57419.56797.56186.55587.54999.54422.53856.53300.52754 82.59762.59140.58530.57931.57343.56766.56198.55641.55094.54557 83.61448.60840.60243.59657.59081.58515.57958.57411.56874.56346 84.63124.62531.61949.61376.60813.60259.59715.59179.58652.58134 85.64800.64224.63657.63099.62550.62010.61478.60955.60441.59934 86.66461.65902.65351.64810.64276.63751.63233.62724.62222.61728 87.68083.67541.67008.66483.65965.65455.64953.64458.63970.63489 88.69663.69140.68624.68116.67615.67121.66634.66154.65680.65213 89.71201.70696.70199.69708.69224.68747.68276.67811.67353.66900 90.72694.72209.71730.71257.70791.70330.69876.69427.68984.68547 91.74117.73650.73190.72735.72286.71842.71404.70972.70545.70123 92.75439.74991.74548.74110.73678.73251.72829.72412.72000.71593 93.76664.76233.75806.75385.74969.74557.74150.73748.73350.72957 94.77809.77394.76983.76578.76177.75780.75388.75000.74616.74237 95.78899.78500.78106.77715.77329.76947.76569.76195.75826.75460 96.79928.79544.79165.78790.78418.78050.77686.77326.76970.76617 97.80883.80514.80149.79787.79430.79075.78725.78377.78033.77693 98.81781.81427.81075.80727.80382.80041.79703.79368.79036.78708 99.82661.82320.81982.81648.81316.80988.80662.80340.80020.79704 100.83519.83192.82868.82547.82228.81913.81600.81290.80982.80678 101.84368.84055.83744.83437.83131.82829.82529.82231.81936.81643 102.85203.84904.84607.84313.84021.83731.83444.83159.82876.82596 103.86034.85748.85465.85184.84906.84629.84355.84082.83812.83544 104.86923.86653.86385.86119.85855.85593.85333.85074.84818.84563 105.87792.87537.87283.87032.86782.86534.86287.86042.85799.85557 106.88918.88683.88450.88218.87987.87758.87530.87304.87079.86855 107.90291.90082.89873.89666.89460.89255.89051.88849.88647.88447 108.92455.92288.92123.91958.91794.91630.91468.91306.91145.90984 109.96211.96125.96041.95956.95872.95788.95704.95620.95537.95455
Age 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0% 0.01488.01463.01439.01417.01396.01377.01359.01343.01327.01312 1.00662.00636.00612.00589.00568.00548.00530.00513.00497.00482 2.00654.00626.00600.00576.00554.00533.00514.00496.00479.00463 3.00670.00641.00613.00588.00564.00542.00522.00502.00484.00468 4.00699.00668.00639.00612.00587.00563.00542.00521.00502.00484 5.00739.00706.00675.00646.00620.00595.00571.00550.00529.00510 6.00786.00751.00718.00687.00659.00633.00608.00585.00563.00543 7.00841.00803.00769.00736.00706.00678.00652.00627.00604.00582 8.00902.00863.00826.00791.00759.00730.00702.00675.00651.00628 9.00973.00931.00892.00856.00822.00790.00760.00733.00706.00682 10.01055.01010.00969.00930.00894.00861.00829.00799.00772.00746 11.01146.01099.01055.01014.00976.00940.00907.00875.00846.00818 12.01246.01196.01150.01106.01066.01028.00993.00960.00928.00899 13.01351.01298.01249.01204.01161.01121.01084.01049.01016.00985 14.01455.01400.01348.01300.01255.01213.01173.01136.01102.01069 15.01555.01497.01443.01392.01345.01300.01259.01220.01183.01148 16.01648.01587.01530.01477.01427.01380.01336.01295.01257.01220 17.01737.01673.01612.01556.01504.01455.01408.01365.01324.01286 18.01822.01754.01691.01632.01576.01525.01476.01430.01387.01347 19.01908.01837.01770.01708.01650.01595.01544.01495.01450.01407 20.01999.01924.01854.01788.01726.01669.01615.01564.01516.01471 21.02096.02017.01943.01874.01809.01748.01691.01637.01586.01539 22.02197.02114.02036.01963.01895.01830.01770.01713.01660.01610 23.02306.02218.02136.02059.01987.01919.01855.01795.01739.01686 24.02424.02331.02245.02163.02087.02016.01948.01885.01825.01769 25.02552.02455.02364.02278.02197.02122.02051.01984.01920.01861 26.02692.02589.02493.02403.02318.02238.02162.02091.02025.01961 27.02846.02738.02636.02541.02451.02367.02287.02212.02141.02074 28.03012.02898.02791.02690.02595.02506.02422.02342.02267.02196 29.03190.03070.02957.02851.02751.02656.02567.02483.02404.02329 30.03381.03254.03135.03023.02917.02817.02723.02634.02551.02471 31.03583.03450.03324.03206.03094.02989.02890.02796.02707.02623 32.03799.03659.03527.03402.03284.03173.03068.02968.02874.02785 33.04031.03883.03744.03612.03488.03371.03260.03155.03055.02961 34.04279.04123.03976.03838.03707.03583.03465.03354.03249.03149 35.04545.04382.04227.04081.03943.03812.03688.03571.03459.03354 36.04830.04658.04495.04341.04196.04058.03927.03803.03685.03573 37.05134.04953.04782.04620.04467.04321.04183.04052.03928.03809 38.05462.05272.05092.04921.04760.04606.04461.04322.04191.04066 39.05812.05613.05424.05245.05075.04913.04760.04614.04475.04343 40.06190.05981.05782.05594.05415.05245.05083.04929.04783.04643 41.06597.06378.06170.05972.05784.05605.05435.05272.05118.04970 42.07035.06806.06587.06380.06182.05994.05815.05644.05481.05326 43.07505.07265.07036.06818.06611.06414.06225.06045.05874.05710 44.08008.07757.07518.07290.07072.06865.06667.06478.06298.06125 45.08542.08279.08029.07791.07563.07346.07138.06940.06750.06569 46.09108.08834.08573.08324.08085.07858.07640.07432.07233.07043 47.09705.09419.09147.08886.08637.08399.08172.07954.07745.07545 48.10335.10038.09754.09482.09222.08973.08735.08507.08288.08078 49.10999.10690.10394.10111.09840.09581.09332.09093.08864.08644 50.11701.11380.11073.10778.10496.10225.09965.09716.09477.09247 51.12441.12108.11789.11482.11189.10907.10636.10376.10126.09886 52.13217.12871.12540.12222.11916.11623.11341.11071.10810.10560 53.14028.13670.13327.12997.12680.12375.12082.11801.11529.11268 54.14875.14505.14150.13808.13480.13163.12859.12566.12284.12012 55.15760.15378.15011.14657.14317.13989.13674.13370.13077.12794 56.16684.16290.15911.15546.15194.14855.14528.14213.13909.13615 57.17648.17242.16851.16474.16111.15760.15422.15096.14781.14477 58.18647.18229.17827.17438.17064.16702.16353.16015.15689.15374 59.19678.19249.18835.18435.18049.17676.17316.16968.16631.16305 60.20740.20300.19875.19464.19066.18682.18311.17952.17604.17268 61.21837.21385.20949.20527.20119.19724.19341.18971.18613.18266 62.22973.22511.22064.21631.21212.20807.20414.20033.19664.19306 63.24152.23680.23222.22779.22350.21934.21530.21139.20760.20392 64.25372.24890.24422.23969.23529.23103.22690.22289.21899.21521 65.26633.26141.25664.25201.24752.24316.23893.23482.23083.22695 66.27940.27439.26953.26481.26023.25577.25145.24724.24316.23918 67.29299.28790.28296.27815.27348.26894.26453.26024.25606.25200 68.30709.30193.29691.29202.28728.28265.27816.27378.26952.26537 69.32166.31643.31134.30639.30157.29687.29230.28785.28351.27928 70.33661.33133.32618.32116.31628.31152.30688.30235.29794.29364 71.35188.34654.34134.33627.33133.32651.32181.31722.31275.30838 72.36742.36204.35679.35168.34668.34181.33706.33241.32788.32345 73.38317.37776.37248.36733.36229.35738.35257.34788.34330.33882 74.39923.39380.38849.38330.37823.37328.36844.36370.35908.35455 75.41566.41021.40489.39968.39459.38961.38474.37997.37531.37074 76.43254.42709.42176.41655.41144.40645.40156.39677.39208.38749 77.44988.44444.43912.43391.42880.42380.41891.41411.40940.40479 78.46765.46224.45694.45174.44665.44166.43677.43197.42726.42265 79.48574.48037.47510.46993.46487.45990.45502.45024.44554.44094 80.50397.49865.49343.48830.48327.47834.47349.46873.46406.45947 81.52219.51693.51176.50669.50171.49682.49201.48729.48265.47809 82.54029.53510.53000.52499.52007.51523.51047.50580.50120.49667 83.55826.55315.54813.54319.53834.53356.52886.52424.51969.51522 84.57624.57123.56629.56144.55666.55195.54732.54277.53828.53386 85.59435.58944.58460.57984.57516.57054.56599.56151.55710.55275 86.61241.60762.60289.59824.59365.58913.58468.58029.57596.57170 87.63015.62548.62087.61633.61185.60744.60309.59880.59456.59039 88.64753.64299.63851.63409.62973.62543.62118.61700.61287.60879 89.66454.66013.65579.65150.64726.64308.63895.63488.63086.62689 90.68115.67689.67268.66853.66442.66037.65637.65241.64851.64465 91.69706.69294.68887.68486.68089.67696.67309.66925.66547.66173 92.71190.70792.70399.70011.69627.69247.68872.68501.68134.67771 93.72569.72184.71804.71429.71057.70689.70326.69967.69611.69259 94.73861.73490.73123.72759.72400.72044.71692.71344.71000.70659 95.75097.74739.74384.74033.73686.73342.73002.72665.72331.72001 96.76267.75922.75579.75240.74905.74572.74243.73917.73595.73275 97.77356.77022.76691.76363.76039.75718.75399.75084.74772.74463 98.78382.78059.77740.77423.77110.76799.76491.76186.75884.75584 99.79390.79079.78771.78465.78162.77862.77565.77270.76978.76688 100.80376.80076.79779.79485.79193.78904.78617.78333.78051.77771 101.81353.81066.80780.80497.80217.79938.79662.79388.79117.78847 102.82318.82042.81768.81496.81227.80960.80694.80431.80170.79911 103.83278.83014.82752.82491.82233.81977.81723.81470.81220.80971 104.84310.84059.83810.83563.83317.83073.82831.82591.82352.82115 105.85318.85079.84843.84607.84374.84142.83911.83682.83455.83229 106.86633.86413.86193.85975.85758.85543.85329.85116.84904.84694 107.88247.88049.87852.87656.87460.87266.87073.86881.86690.86500 108.90825.90666.90507.90350.90193.90037.89881.89727.89572.89419 109.95372.95290.95208.95126.95045.94964.94883.94803.94723.94643
Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0% 0.01298.01285.01273.01261.01250.01240.01230.01221.01212.01203 1.00468.00455.00443.00431.00420.00410.00400.00391.00382.00374 2.00448.00435.00421.00409.00398.00387.00376.00366.00357.00348 3.00452.00437.00423.00410.00398.00386.00375.00365.00355.00345 4.00468.00452.00437.00423.00410.00397.00386.00375.00364.00354 5.00493.00476.00460.00445.00431.00418.00405.00393.00382.00371 6.00524.00506.00489.00473.00458.00444.00430.00418.00406.00394 7.00562.00543.00525.00508.00492.00477.00462.00449.00436.00423 8.00606.00586.00566.00548.00531.00515.00499.00485.00471.00458 9.00659.00637.00616.00597.00579.00561.00545.00529.00514.00500 10.00721.00698.00676.00655.00636.00617.00600.00583.00567.00552 11.00792.00767.00744.00722.00701.00682.00663.00645.00628.00612 12.00871.00845.00821.00797.00775.00754.00735.00716.00698.00681 13.00955.00928.00902.00877.00854.00831.00810.00790.00771.00753 14.01038.01009.00981.00955.00930.00907.00885.00864.00843.00824 15.01116.01085.01056.01028.01002.00977.00954.00932.00910.00890 16.01186.01153.01123.01094.01066.01040.01015.00992.00969.00948 17.01250.01215.01183.01152.01124.01096.01070.01045.01022.00999 18.01308.01272.01238.01206.01175.01147.01119.01093.01068.01044 19.01367.01329.01293.01259.01227.01196.01167.01140.01113.01088 20.01428.01388.01350.01314.01280.01248.01217.01188.01161.01134 21.01494.01451.01411.01373.01337.01303.01271.01240.01211.01183 22.01562.01517.01475.01435.01397.01361.01326.01294.01263.01233 23.01635.01588.01543.01501.01460.01422.01386.01351.01319.01287 24.01716.01665.01618.01573.01530.01489.01451.01415.01380.01347 25.01804.01751.01701.01653.01608.01565.01524.01485.01448.01413 26.01902.01845.01792.01741.01693.01648.01604.01563.01524.01487 27.02011.01951.01895.01841.01790.01742.01696.01652.01610.01571 28.02129.02066.02006.01949.01895.01844.01795.01748.01704.01662 29.02258.02191.02127.02067.02009.01955.01903.01853.01806.01762 30.02396.02325.02257.02193.02132.02074.02019.01966.01916.01869 31.02543.02467.02396.02328.02263.02201.02143.02087.02034.01983 32.02701.02621.02545.02472.02404.02338.02276.02217.02160.02106 33.02871.02786.02706.02629.02556.02487.02420.02357.02297.02240 34.03054.02964.02879.02797.02720.02646.02576.02509.02445.02383 35.03253.03158.03067.02981.02898.02820.02745.02674.02606.02541 36.03467.03366.03269.03178.03090.03007.02928.02852.02779.02710 37.03697.03590.03488.03391.03298.03209.03125.03044.02967.02893 38.03947.03833.03725.03622.03524.03430.03340.03254.03172.03094 39.04217.04096.03982.03873.03768.03669.03573.03482.03395.03312 40.04510.04383.04262.04146.04035.03930.03828.03732.03639.03550 41.04830.04695.04567.04445.04327.04215.04108.04005.03907.03812 42.05177.05035.04900.04770.04646.04527.04413.04304.04200.04100 43.05553.05404.05261.05123.04992.04866.04746.04630.04520.04413 44.05960.05802.05651.05506.05368.05235.05107.04985.04867.04754 45.06395.06229.06069.05917.05770.05630.05495.05365.05241.05121 46.06860.06685.06517.06356.06202.06053.05911.05774.05643.05516 47.07353.07169.06992.06823.06660.06504.06353.06209.06070.05936 48.07877.07684.07498.07320.07149.06984.06826.06673.06527.06385 49.08433.08231.08036.07849.07669.07495.07329.07168.07013.06864 50.09026.08814.08609.08413.08224.08042.07867.07698.07535.07378 51.09655.09433.09219.09013.08815.08624.08440.08262.08091.07926 52.10318.10086.09863.09647.09439.09239.09046.08860.08680.08506 53.11017.10774.10541.10315.10098.09888.09686.09491.09302.09120 54.11750.11498.11254.11019.10792.10572.10361.10156.09958.09767 55.12522.12258.12005.11759.11522.11294.11072.10859.10652.10451 56.13332.13059.12794.12539.12292.12054.11823.11599.11383.11174 57.14183.13899.13624.13359.13102.12853.12613.12380.12154.11936 58.15070.14775.14490.14215.13948.13689.13439.13197.12962.12734 59.15990.15685.15389.15103.14826.14558.14298.14046.13801.13564 60.16942.16626.16321.16024.15737.15459.15189.14927.14673.14426 61.17929.17603.17287.16981.16684.16395.16115.15844.15580.15324 62.18960.18623.18297.17980.17673.17375.17085.16803.16530.16264 63.20035.19688.19352.19025.18708.18400.18100.17809.17525.17250 64.21154.20797.20451.20114.19787.19469.19159.18859.18566.18281 65.22318.21951.21595.21249.20912.20584.20265.19955.19652.19358 66.23532.23156.22790.22434.22088.21751.21422.21102.20791.20487 67.24804.24419.24044.23679.23324.22977.22640.22311.21990.21678 68.26133.25740.25356.24983.24618.24263.23917.23579.23250.22929 69.27516.27114.26723.26341.25969.25605.25251.24905.24567.24237 70.28945.28536.28137.27747.27367.26996.26633.26279.25934.25596 71.30412.29996.29590.29193.28806.28427.28057.27696.27343.26998 72.31913.31491.31078.30675.30281.29895.29519.29150.28790.28438 73.33444.33016.32597.32188.31788.31396.31013.30638.30271.29913 74.35012.34579.34155.33741.33335.32938.32549.32168.31795.31430 75.36628.36190.35762.35343.34932.34530.34136.33750.33372.33001 76.38299.37858.37427.37004.36589.36183.35784.35394.35011.34636 77.40028.39585.39151.38725.38307.37898.37496.37103.36716.36337 78.41812.41368.40933.40506.40086.39675.39271.38874.38485.38103 79.43641.43198.42762.42334.41914.41502.41096.40698.40308.39924 80.45496.45054.44619.44192.43772.43360.42954.42556.42164.41779 81.47360.46920.46487.46061.45643.45231.44827.44429.44038.43653 82.49223.48785.48355.47932.47516.47106.46703.46307.45916.45532 83.51081.50648.50221.49802.49388.48982.48581.48187.47799.47416 84.52951.52523.52101.51686.51277.50874.50477.50086.49701.49321 85.54847.54425.54009.53600.53196.52798.52406.52019.51638.51262 86.56749.56335.55926.55523.55126.54734.54348.53966.53591.53220 87.58627.58221.57820.57425.57035.56650.56270.55895.55526.55161 88.60477.60079.59688.59301.58919.58542.58170.57802.57439.57081 89.62297.61909.61527.61149.60776.60408.60044.59685.59330.58979 90.64084.63707.63335.62968.62604.62246.61891.61540.61194.60851 91.65803.65437.65076.64719.64366.64017.63672.63330.62993.62659 92.67412.67058.66707.66360.66017.65678.65342.65010.64682.64357 93.68911.68567.68227.67890.67557.67227.66901.66578.66258.65942 94.70321.69988.69657.69330.69006.68686.68369.68055.67744.67437 95.71674.71351.71031.70713.70399.70088.69781.69476.69174.68875 96.72959.72646.72335.72028.71724.71422.71123.70828.70534.70244 97.74156.73853.73552.73254.72959.72666.72376.72089.71804.71522 98.75287.74993.74702.74413.74126.73842.73561.73282.73006.72732 99.76401.76117.75834.75555.75277.75002.74730.74459.74191.73926 100.77494.77219.76946.76676.76408.76142.75878.75616.75357.75099 101.78580.78315.78052.77791.77532.77275.77021.76768.76517.76268 102.79654.79399.79146.78894.78645.78397.78152.77908.77666.77426 103.80724.80479.80236.79994.79755.79517.79280.79046.78813.78582 104.81879.81646.81413.81183.80954.80726.80501.80276.80054.79832 105.83005.82782.82560.82340.82121.81904.81688.81474.81260.81049 106.84485.84277.84071.83866.83662.83459.83257.83057.82857.82659 107.86311.86124.85937.85751.85566.85382.85199.85017.84835.84655 108.89266.89114.88963.88812.88662.88513.88364.88216.88068.87922 109.94563.94484.94405.94326.94248.94170.94092.94014.93937.93860

Table 90CM—Applicable After April 30, 1999, and Before May 1, 2009

Age ×
(1)
l(x)
(2)
Age ×
(1)
l(x)
(2)
Age ×
(1)
l(x)
(2)
010000037959697462852 19906438957807560449 29899239955817657955 39894440953737755373 49890741951567852704 59887742949287949943 69885043946878047084 79882644944318144129 89880345941548241091 99878346938558337994 109876647935288434876 119875048931738531770 129873449927878628687 139871350923708725638 149868151919188822658 159863552914248919783 169857353908859017046 179849754902979114466 189840955896589212066 19983145688965939884 20982155788214947951 21981135887397956282 22980065986506964868 23978966085537973694 24977846184490982745 25976716283368991999 269755663821691001424 27974416480887101991 28973226579519102672 29971996678066103443 30970706776531104284 31969346874907105175 32967916973186106105 3396642707135710760 3496485716941110833 3596322726734410917 369615073651541100

(g) Valuation of annuities, interests for life or a term of years, and remainder or reversionary interests for estates of decedents for which the valuation date of the gross estate is on or after May 1, 2009, and before June 1, 2023—(1) In general. Except as otherwise provided in §§ 20.2031–7(b) and 20.7520–3(b) (pertaining to certain limitations on the use of prescribed tables), if the valuation date for the gross estate of the decedent is on or after May 1, 2009, and before June 1, 2023, the fair market value of annuities, interests for life or a term of years, and remainder or reversionary interests is the present value of the interests determined by using standard or special section 7520 actuarial factors and the valuation methodology described in § 20.2031–7(d). These factors are derived by using the appropriate section 7520 interest rate and, if applicable, the mortality component for the valuation date of the interest that is being valued. See §§ 20.7520–1 through 20.7520–4. See paragraph (g)(4) of this section for determination of the appropriate table for use in valuing these interests.

(2) Transitional rules. (i) If a decedent dies on or after May 1, 2009, and if, on May 1, 2009, the decedent was under a mental disability so that the disposition of the decedent's property could not be changed, and the decedent dies on or before June 1, 2023, either without having regained the ability to dispose of the decedent's property or within 90 days of the date on which the decedent first regains that ability, the fair market value of annuities, interests for life or a term of years, and remainder or reversionary interests included in the gross estate of the decedent is their present value determined either under this section or under the corresponding section applicable at the time the decedent first became subject to the mental disability, at the option of the decedent's executor. For example, see paragraph (d) of this section.

(ii) If a decedent dies on or after May 1, 2009, and before July 1, 2009, the fair market value of annuities, interests for life or a term of years, and remainder or reversionary interests based on one or more measuring lives included in the gross estate of the decedent is their present value determined under this section by using the section 7520 interest rate for the month in which the valuation date occurs (see §§ 20.7520–1(b) and 20.7520–2(a)(2)) and the appropriate actuarial tables under either paragraph (f)(4) or (g)(4) of this section, at the option of the decedent's executor.

(iii) For purposes of paragraphs (g)(2)(i) and (ii) of this section, where the decedent's executor is given the option to use the appropriate actuarial tables under either paragraph (f)(4) or (g)(4) of this section, the decedent's executor must consistently use the same mortality basis with respect to each interest (income, remainder, partial, etc.) in the same property, and with respect to all transfers occurring on the same valuation date. For example, gift and income tax charitable deductions with respect to the same transfer must be determined based on factors with the same mortality basis, and all assets includible in the gross estate and/or estate tax deductions claimed must be valued based on factors with the same mortality basis.

(iv) If a decedent dies after April 30, 2019, and before June 1, 2023, the fair market value of annuities, interests for life or a term of years, and remainder or reversionary interests based on one or more measuring lives included in the gross estate is their present value determined under § 20.2031–7(d)(3).

(3) Publications and actuarial computations by the Internal Revenue Service. The factor for determining the present value of a remainder interest that is dependent on the termination of the life of one individual may be computed by using the formula in § 20.2031–7(d)(2)(ii)(B) to derive a remainder factor from the appropriate mortality table expressed to at least five decimal places. For the convenience of taxpayers, actuarial factors have been computed by the IRS and appear in Table S. The factor for determining the present value of a remainder interest following a term certain may be computed by using the formula in § 20.2031–7(d)(2)(ii)(A) expressed to at least six decimal places. For the convenience of taxpayers, actuarial factors have been computed by the IRS and appear in Table B. Adjustment factors for term certain annuities payable at the beginning of each interval may be computed by using the formula in § 20.2031–7(d)(2)(iv)(C) expressed to at least four decimal places. For the convenience of taxpayers, actuarial factors have been computed by the IRS and appear in Table J. Adjustment factors for annuities payable at the end of each interval may be computed by using the formula in § 20.2031–7(d)(2)(iv)(B) expressed to at least four decimal places. For the convenience of taxpayers, actuarial factors have been computed by the IRS and appear in Table K. These tables are referenced and explained by IRS Publication 1457, Actuarial Values Version 3A (2009). Publication 1457 includes examples that illustrate how to compute many special factors for more unusual situations. The actuarial tables are available, at no charge, electronically via the IRS website at https://www.irs.gov/retirement-plans/actuarial-tables (or a corresponding URL as may be updated from time to time). Table S also can be found in paragraph (g)(4) of this section, but only for interest rates from 0.2 to 14 percent, inclusive. Tables B, J, and K also can be found in § 20.2031–7(d)(6), but only for interest rates from 4.2 to 14 percent, inclusive. If a special factor is required in the case of an actual decedent, the special factor may be calculated by the executor using the actuarial formulas in § 20.2031–7(d)(2) or the executor may request a ruling to obtain the factor from the Internal Revenue Service. The request for a ruling must be accompanied by a recitation of the facts including a statement of the date of birth for each measuring life, the date of the decedent's death, any other applicable dates, and a copy of the will, trust, or other relevant documents. A request for a ruling must comply with the instructions for requesting a ruling published periodically in the Internal Revenue Bulletin (see §§ 601.201 and 601.601(d)(2)(ii)(b) of this chapter) and must include payment of the required user fee.

(4) Actuarial tables. Except as provided in § 20.7520–3(b) (pertaining to certain limitations on the use of prescribed tables), actuarial factors based on Table 2000CM must be used in the application of the provisions of this section. The factor for determining the present value of a remainder interest that is dependent on the termination of the life of one individual may be computed by using the formula in § 20.2031–7(d)(2)(ii)(B) to derive a remainder factor from the appropriate mortality table to at least five decimal places. For the convenience of taxpayers, actuarial factors, when the section 7520 interest rate component is from 0.2 to 20 percent, inclusive, have been computed by the IRS and appear in Table S (applicable on and after May 1, 2009, and before June 1, 2023). These actuarial tables, as referenced and explained by IRS Publication 1457, Actuarial Valuations Version 3A, are available, at no charge, electronically via the IRS website at https://www.irs.gov/retirement-plans/actuarial-tables. Table S (notwithstanding the lack of the applicable termination date in its heading), where the section 7520 interest rate component is from 0.2 to 14 percent, inclusive, and Table 2000CM are as follows:

(5) Applicability dates. Paragraphs (g)(1) through (4) of this section apply on and after May 1, 2009, and before June 1, 2023.

[T.D. 8540, 59 span 30151, June 10, 1994, as amended at 59 span 30152, June 10, 1994; T.D. 8819, 64 span 23211, 23212, Apr. 30, 1999; 64 span 33195, June 22, 1999; T.D. 8886, 65 span 36943, June 12, 2000; T.D. 9448, 74 span 21509, May 7, 2009; T.D. 9540, 76 span 49637, Aug. 10, 2011; T.D. 9974, 88 span 37445, June 7, 2023]