SegRateTextLongPPAMax

SegRateTextLongPPAMax returns a text string description of the 24-month average segment rate under §430(h)(2), for a given month/year. These rates are published monthly at the IRS web site.

For example: for November 2024, the function returns “24-month average segment rates, not adjusted for 25-year averages, for November 2024, for plan years beginning in 2024: 5.03%, 5.28%, 5.36%”.

Syntax

SegRateTextLongPPAMax (Date, Month, [ForPlanYearBeg])

Parameter Name	Description
Year	Year or date (not before September 2019). Instead of a year, you may provide a date as m/d/year, in which case Month will be ignored.
Month	Month (not before September 2019). Ignored if Year is provided as a date.
ForPlanYearBeg	Cannot be before 2020. Optional, if omitted then the value provided for Year will be used by default.