Excel Functions in EAC ToolsExcel Functions in EAC Tools\Interest rate functionsInterest rate functions\PPA segment rates\SegRate

SegRate

SegRate returns the minimum present value segment rate for a given month and year. These rates are published monthly at the IRS web site.

Syntax

SegRate (Year, Month, SegRateNum, [ForPlanYearBeg])

Parameter Name

Description

Year

Year or date (not before August 2007). Instead of a year, you may provide a date as m/d/year, in which case Month will be ignore.

Month

Month (not before August 2007). Ignored if Year is provided as a date.

SegRateNum

Defines which rate to return.

Option

Description

1

Returns the 1st segment rate.

2

Returns the 2nd segment rate.

3

Returns the 3rd segment rate.

“all”

Returns all three rates in a “/” delimited text string for the given month/year. This can be used as the interest rate parameter for various present value functions.

For example, for August 2017, the function returns “1.93/3.57/4.36”.

This is the same as the SegRateText function.

“long”

Returns a text string description of the segment rates for the given month/year.

For example, for August 2017, the function returns “Minimum present value segment rates for August 2017: 1.93%, 3.57%, 4.36%”.

This is the same as the SegRateTextLong function.

 

ForPlanYearBeg

Needed only if year < 2013.
Cannot be before 2008.
Optional, not used if Year >= 2013.