Appendix B to Part 4044—Interest Rates Used To Value Benefits

Appendix B - Appendix B to Part 4044—Interest Rates Used To Value Benefits

[This table sets forth, for each indicated calendar month, the interest rates (denoted by i1, i2, . . ., and referred to generally as it) assumed to be in effect between specified anniversaries of a valuation date that occurs within that calendar month; those anniversaries are specified in the columns adjacent to the rates. The last listed rate is assumed to be in effect after the last listed anniversary date.]

For valuation dates occurring in the month—	The values of it are:						it	for t=	it	for t=	it	for t=	November 1993	.0560	1-25	.0525	>	N/A	N/A	December 1993	.0560	1-25	.0525	>25	N/A	N/A	January 1994	.0590	1-25	.0525	>25	N/A	N/A	February 1994	.0590	1-25	.0525	>25	N/A	N/A	March 1994	.0580	1-25	.0525	>25	N/A	N/A	April 1994	.0620	1-25	.0525	>25	N/A	N/A	May 1994	.0650	1-25	.0525	>25	N/A	N/A	June 1994	.0670	1-25	.0525	>25	N/A	N/A	July 1994	.0690	1-25	.0525	>25	N/A	N/A	August 1994	.0700	1-25	.0525	>25	N/A	N/A	September 1994	.0690	1-25	.0525	>25	N/A	N/A	October 1994	.0700	1-25	.0525	>25	N/A	N/A	November 1994	.0730	1-25	.0525	>25	N/A	N/A	December 1994	.0750	1-25	.0525	>25	N/A	N/A	January 1995	.0750	1-20	.0575	>20	N/A	N/A	February 1995	.0730	1-20	.0575	>20	N/A	N/A	March 1995	.0730	1-20	.0575	>20	N/A	N/A	April 1995	.0710	1-20	.0575	>20	N/A	N/A	May 1995	.0690	1-20	.0575	>20	N/A	N/A	June 1995	.0680	1-20	.0575	>20	N/A	N/A	July 1995	.0630	1-20	.0575	>20	N/A	N/A	August 1995	.0620	1-20	.0575	>20	N/A	N/A	September 1995	.0640	1-20	.0575	>20	N/A	N/A	October 1995	.0630	1-20	.0575	>20	N/A	N/A	November 1995	.0620	1-20	.0575	>20	N/A	N/A	December 1995	.0600	1-20	.0575	>20	N/A	N/A	January 1996	.0560	1-20	.0475	>20	N/A	N/A	February 1996	.0540	1-20	.0475	>20	N/A	N/A	March 1996	.0550	1-20	.0475	>20	N/A	N/A	April 1996	.0580	1-20	.0475	>20	N/A	N/A	May 1996	.0600	1-20	.0475	>20	N/A	N/A	June 1996	.0620	1-20	.0475	>20	N/A	N/A	July 2006	.0630	1-20	.0475	>20	N/A	N/A	August 1996	.0630	1-20	.0475	>20	N/A	N/A	September 1996	.0630	1-20	.0475	>20	N/A	N/A	October 1996	.0630	1-20	.0475	>20	N/A	N/A	November 1996	.0620	1-20	.0475	>20	N/A	N/A	December 1996	.0600	1-20	.0475	>20	N/A	N/A	January 1997	.0580	1-25	.0500	>25	N/A	N/A	February 1997	.0590	1-25	.0500	>25	N/A	N/A	March 1997	.0620	1-25	.0500	>25	N/A	N/A	April 1997	.0610	1-25	.0500	>25	N/A	N/A	May 1997	.0630	1-25	.0500	>25	N/A	N/A	June 1997	.0640	1-25	.0500	>25	N/A	N/A	July 1997	.0630	1-25	.0500	>25	N/A	N/A	August 1997	.0610	1-25	.0500	>25	N/A	N/A	September 1997	.0570	1-25	.0500	>25	N/A	N/A	October 1997	.0590	1-25	.0500	>25	N/A	N/A	November 1997	.0570	1-25	.0500	>25	N/A	N/A	December 1997	.0560	1-25	.0500	>25	N/A	N/A	January 1998	.0560	1-25	.0525	>25	N/A	N/A	February 1998	.0550	1-25	.0525	>25	N/A	N/A	March 1998	.0550	1-25	.0525	>25	N/A	N/A	April 1998	.0550	1-25	.0525	>25	N/A	N/A	May 1998	.0560	1-25	.0525	>25	N/A	N/A	June 1998	.0560	1-25	.0525	>25	N/A	N/A	July 1998	.0550	1-25	.0525	>25	N/A	N/A	August 1998	.0540	1-25	.0525	>25	N/A	N/A	September 1998	.0540	1-25	.0525	>25	N/A	N/A	October 1998	.0540	1-25	.0525	>25	N/A	N/A	November 1998	.0530	1-25	.0525	>25	N/A	N/A	December 1998	.0540	1-25	.0525	>25	N/A	N/A	January 1999	.0530	1-20	.0525	>20	N/A	N/A	February 1999	.0540	1-20	.0525	>20	N/A	N/A	March 1999	.0530	1-20	.0525	>20	N/A	N/A	April 1999	.0560	1-20	.0525	>20	N/A	N/A	May 1999	.0570	1-20	.0525	>20	N/A	N/A	June 1999	.0570	1-20	.0525	>20	N/A	N/A	July 1999	.0600	1-20	.0525	>20	N/A	N/A	August 1999	.0630	1-20	.0525	>20	N/A	N/A	September 1999	.0630	1-20	.0525	>20	N/A	N/A	October 1999	.0630	1-20	.0525	>20	N/A	N/A	November 1999	.0630	1-20	.0525	>20	N/A	N/A	December 1999	.0650	1-20	.0525	>20	N/A	N/A	January 2000	.0690	1-25	.0625	>25	N/A	N/A	February 2000	.0710	1-25	.0625	>25	N/A	N/A	March 2000	.0710	1-25	.0625	>25	N/A	N/A.	April 2000	.0710	1-25	.0625	>25	N/A	N/A	May 2000	.0700	1-25	.0625	>25	N/A	N/A	June 2000	.0710	1-25	.0625	>25	N/A	N/A	July 2000	.0740	1-25	0625	>25	N/A	N/A	August 2000	.0710	1-25	.0625	>25	N/A	N/A	September 2000	.070	1-25	.0625	25	N/A	N/A	October 2000	.0700	1-25	.0625	>25	N/A	N/A	November 2000	.0710	1-25	.0625	>25	N/A	N/A	December 2000	.0700	1-25	.0625	>25	N/A	N/A	January 2001	.0670	1-20	.0625	>20	N/A	N/A	February 2001	.0650	1-20	.0625	>20	N/A	N/A	March 2001	.0640	1-20	.0625	>20	N/A	N/A	April 2001	.0640	1-20	.0625	>20	N/A	N/A	May 2001	.0640	1-20	.0625	>20	N/A	N/A	June 2001	.0660	1-20	.0625	>20	N/A	N/A	July 2001	.0660	1-20	.0625	>20	N/A	N/A	August 2001	.0640	1-20	.0625	>20	N/A	N/A	September 2001	.0630	1-20	.0625	>20	N/A	N/A	October 2001	.0610	1-20	.0625	>20	N/A	N/A	November 2001	.0650	1-20	.0625	>20	N/A	N/A	December 2001	.0610	1-20	.0625	>20	N/A	N/A	January 2002	.0580	1-25	.0425	>25	N/A	N/A	February 2002	.0580	1-25	.0425	>25	N/A	N/A	March 2002	.0560	1-25	.0425	>25	N/A	N/A	April 2002	.0550	1-25	.0425	>25	N/A	N/A	May 2002	.0590	1-25	.0425	>25	N/A	N/A	June 2002	.0570	1-25	.0425	>25	N/A	N/A	July 2002	.0570	1-25	.0425	>25	N/A	N/A	August 2002	.0550	1-25	.0425	>25	N/A	N/A	September 2002	.0540	1-25	.0425	25	N/A	N/A	October 2002	.0530	1-25	.0425	>25	N/A	N/A	November 2002	.0500	1-25	.0425	>25	N/A	N/A	December 2002	.0530	1-25	.0425	>25	N/A	N/A	January 2003	.0530	1-20	.0525	>20	N/A	N/A	February 2003	.0510	1-20	.0525	>20	N/A	N/A	March 2003	.0510	1-20	.0525	>20	N/A	N/A	April 2003	.0490	1-20	.0525	>20	N/A	N/A	May 2003	.0490	1-20	.0525	>20	N/A	N/A	June 2003	.0470	1-20	.0525	>20	N/A	N/A	July 2003	.0430	1-20	.0525	>20	N/A	N/A	August 2003	.0440	1-20	.0525	>20	N/A	N/A	September 2003	.0490	1-20	.0525	>20	N/A	N/A	October 2003	.0490	1-20	.0525	>20	N/A	N/A	November 2003	.0460	1-20	.0525	20	N/A	N/A	December 2003	.0470	1-20	.0525	>20	N/A	N/A	January 2004	.0420	1-20	.0500	>20	N/A	N/A	February 2004	.0410	1-20	.0500	>20	N/A	N/A	March 2004	.0410	1-20	.0500	>20	N/A	N/A	April 2004	.0400	1-20	.0500	>20	N/A	N/A	May 2004	.0390	1-20	.0500	>20	N/A	N/A	June 2004	.0430	1-20	.0500	>20	N/A	N/A	July 2004	.0450	1-20	.0500	>20	N/A	N/A	August 2004	.0430	1-20	.0500	>20	N/A	N/A	September 2004	.0420	1-20	.0500	>20	N/A	N/A	October 2004	.0400	1-20	.0500	>20	N/A	N/A	November 2004	.0380	1-20	.0500	>20	N/A	N/A	December 2004	.0380	1-20	.0500	>20	N/A	N/A	January 2005	.0410	1-20	.0475	>20	N/A	N/A	February 2005	.0400	1-20	.0475	>20	N/A	N/A	March 2005	.0380	1-20	.0475	>20	N/A	N/A	April 2005	.0380	1-20	.0475	>20	N/A	N/A	May 2005	.0390	1-20	.0475	>20	N/A	N/A	June 2005	.0370	1-20	.0475	>20	N/A	N/A	July 2005	.0360	1-20	.0475	>20	N/A	N/A	August 2005	.0340	1-20	.0475	>20	N/A	N/A	September 2005	.0360	1-20	.0475	>20	N/A	N/A	October 2005	.0350	1-20	.0475	>20	N/A	N/A	November 2005	.0370	1-20	.0475	>20	N/A	N/A	December 2005	.0400	1-20	.0475	>20	N/A	N/A	January 2006	.0570	1-20	.0475	>20	N/A	N/A	February 2006	.0560	1-20	.0475	>20	N/A	N/A	March 2006	.0570	1-20	.0475	>20	N/A	N/A	April 2006	.0560	1-20	.0475	>20	N/A	N/A	May 2006	.0590	1-20	.0475	>20	N/A	N/A	June 2006	.0620	1-20	.0475	>20	N/A	N/A	July 2006	.0630	1-20	.0475	>20	N/A	N/A	August 2006	.0640	1-20	.0475	>20	N/A	N/A	September 2006	.0620	1-20	.0475	>20	N/A	N/A	October 2006	.0600	1-20	.0475	>20	N/A	N/A	November 2006	.0570	1-20	.0475	>20	N/A	N/A	December 2006	.0580	1-20	.0475	>20	N/A	N/A	January 2007	.0488	1-20	.0455	>20	N/A	N/A	February 2007	.0513	1-20	.0480	>20	N/A	N/A	March 2007	.0522	1-20	.0489	>20	N/A	N/A	April 2007	.0499	1-20	.0466	>20	N/A	N/A	May 2007	.0520	1-20	.0487	>20	N/A	N/A	June 2007	.0514	1-20	.0481	>20	N/A	N/A	July 2007	.0533	1-20	.0500	>20	N/A	N/A	August 2007	.0549	1-20	.0516	>20	N/A	N/A	September 2007	.0553	1-20	.0520	>20	N/A	N/A	October 2007	.0551	1-20	.0518	>20	N/A	N/A	November 2007	.0546	1-20	.0513	>20	N/A	N/A	December 2007	.0537	1-20	.0504	>20	N/A	N/A	January 2008	.0542	1-20	.0449	>20	N/A	N/A	February 2008	.0550	1-20	.0457	>20	N/A	N/A	March 2008	.0554	1-20	.0461	>20	N/A	N/A	April 2008	.0564	1-20	.0471	>20	N/A	N/A	May 2008	.0581	1-20	.0488	>20	N/A	N/A	June 2008	.0568	1-20	.0475	>20	N/A	N/A	July 2008	.0595	1-20	.0502	20	N/A	N/A	August 2008	.0605	1-20	.0512	>20	N/A	N/A	September 2008	.0624	1-20	.0531	>20	N/A	N/A	October 2008	.0618	1-20	.0525	>20	N/A	N/A	November 2008	.0709	1-20	.0616	>20	N/A	N/A	December 2008	.0792	1-20	.0699	>20	N/A	N/A	January 2009	0.0602	1-20	0.0548	>20	N/A	N/A	February 2009	0.0602	1-20	0.0548	>20	N/A	N/A	March 2009	0.0602	1-20	0.0548	>20	N/A	N/A	April-June 2009	0.0550	1-20	0.0502	>20	N/A	N/A	July-September 2009	0.0531	1-20	0.0504	>20	N/A	N/A	October-December 2009	0.0530	1-20	0.0501	>20	N/A	N/A	January—March 2010	0.0489	1-20	0.0463	>20	N/A	N/A	April-June 2010	0.0463	1-20	0.0451	>20	N/A	N/A	July-September 2010	0.0493	1-20	0.0466	>20	N/A	N/A	October-December 2010	0.0448	1-25	0.0451	>25	N/A	N/A	January-March 2011	0.0407	1-25	0.0393	>25	N/A	N/A	April-June 2011	0.0396	1-20	0.0432	>20	N/A	N/A	July-September 2011	0.0422	1-20	0.0434	>20	N/A	N/A	October-December 2011	0.0409	1-20	0.0430	>20	N/A	N/A	January-March 2012	0.0374	1-20	0.0370	>20	N/A	N/A	April-June 2012	0.0311	1-20	0.0336	>20	N/A	N/A	July-September 2012	0.0295	1-20	0.0366	>20	N/A	N/A	October—December 2012	0.0307	1-20	0.0300	>20	N/A	N/A	January-March 2013	0.0267	1-20	0.0301	>20	N/A	N/A	April-June 2013	0.0250	1-20	0.0320	>20	N/A	N/A	July-September 2013	0.0260	1-20	0.0343	>20	N/A	N/A	October-December 2013	0.0300	1-20	0.0331	>20	N/A	N/A	January-March 2014	0.0335	1-20	0.0350	>20	N/A	N/A	April—June 2014	0.0347	1-20	0.0364	>20	N/A	N/A	July-September 2014	0.0343	1-20	0.0366	>20	N/A	N/A	October-December 2014	0.0310	1-20	0.0329	>20	N/A	N/A	January-March 2015	0.0289	1-20	0.0312	>20	N/A	N/A	April-June 2015	0.0271	1-20	0.0278	>20	N/A	N/A	July-September 2015	0.0232	1-20	0.0237	>20	N/A	N/A	October-December 2015	0.0246	1-20	0.0298	>20	N/A	N/A	January-March 2016	0.0282	1-20	0.0295	>20	N/A	N/A	January-March 2017	0.0187	1-20	0.0237	>20	N/A	N/A	April-June 2016	0.0277	1-20	0.0286	>20	N/A	N/A	July-September 2016	0.0250	1-20	0.0285	>20	N/A	N/A	October-December 2016	0.0198	1-20	0.0267	>20	N/A	N/A	January-March 2017	0.0187	1-20	0.0237	>20	N/A	N/A	April-June 2017	0.0215	1-20	0.0260	>20	N/A	N/A	July-September 2017	0.0244	1-20	0.0274	>20	N/A	N/A	October-December 2017	0.0234	1-20	0.0263	>20	N/A	N/A	January-March 2018	0.0239	1-20	0.0260	>20	N/A	N/A	April-June 2018	0.0227	1-20	0.0259	>20	N/A	N/A	July-September 2018	0.0253	1-25	0.0264	>25	N/A	N/A	October-December 2018	0.0284	1-20	0.0276	>20	N/A	N/A	January-March 2019	0.0309	1-20	0.0284	>20	N/A	N/A	April-June 2019	0.0307	1-20	0.0305	>20	N/A	N/A	July-September 2019	0.0292	1-25	0.0307	>25	N/A	N/A	October-December 2019	0.0253	1-25	0.0253	>25	N/A	N/A	January-March 2020	0.0212	1-25	0.0226	>25	N/A	N/A	April-June 2020	0.0211	1-20	0.0192	>20	N/A	N/A	July-September 2020	0.0198	1-20	0.0157	>20	N/A	N/A	October-December 2020	0.0162	1-20	0.0140	>20	N/A	N/A	January-March 2021	0.0169	1-20	0.0166	>20	N/A	N/A	April-June 2021	0.0182	1-20	0.0168	>20	N/A	N/A	July-September 2021	0.0213	1-25	0.0223	>25	N/A	N/A	October-December 2021	0.0240	1-20	0.0211	>20	N/A	N/A	January-March 2022	0.0237	1-20	0.0203	>20	N/A	N/A	April-June 2022	0.0240	1-20	0.0212	>20	N/A	N/A	July-September 2022	0.0281	1-20	0.0294	>20	N/A	N/A	October-December 2022	0.0390	1-20	0.0365	>20	N/A	N/A	January-March 2023	0.0486	1-20	0.0470	>20	N/A	N/A	April-June 2023	0.0538	1-20	0.0509	>20	N/A	N/A	July-September 2023	0.0524	1-20	0.0458	>20	N/A	N/A	October-December 2023	0.0506	1-20	0.0437	>20	N/A	N/A	January-March 2024	0.0545	1-20	0.0522	>20	N/A	N/A	April-June 2024	0.0550	1-20	0.0483	>20	N/A	N/A	July 2024, other than July 31	0.0511	1-20	0.0483	>20	N/A	N/A

[61 FR 34059, July 1, 1996] Editorial Note:For Federal Register citations affecting part 4044, appendix B, see the List of CFR Sections Affected, which appears in the Finding Aids section of the printed volume and at www.govinfo.gov.