Excel Functions in EAC ToolsExcel Functions in EAC Tools\Interest rate functionsInterest rate functions\Minimum present value segment rates\SegRateText

SegRateText

SegRateText returns all three minimum present value spot segment rates under §417(e)(3), for a given month and year, in a “/” delimited text string. This can be used as the interest rate parameter for various present value functions. These rates are published monthly at the IRS web site.

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

Syntax

SegRateText (Date, Month, [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 ignored.

Month

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

ForPlanYearBeg

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