Use of Actuarial Tables in Valuing Annuities, Interests for Life or Terms of Years, and Remainder or Reversionary Interests
Federal RegisterApr 30, 1999
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Parts 1, 20, and 25
[TD 8819]
RIN 1545-AX14
Use of Actuarial Tables in Valuing Annuities, Interests for Life
or Terms of Years, and Remainder or Reversionary Interests
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final and temporary regulations.
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SUMMARY: This document contains regulations relating to the use of
actuarial tables in valuing annuities, interests for life or terms of
years, and remainder or reversionary interests. These regulations are
necessary because section 7520(c)(3) directs the Secretary to update
the actuarial tables to reflect the most recent mortality experience
available. These regulations will effect the valuation of inter vivos
and testamentary transfers of interests dependent on one or more
measuring lives. The text of the temporary regulations also serves as
the text of the proposed regulations set forth in the notice of
proposed rulemaking on this subject elsewhere in this issue of the
Federal Register.
DATES: These regulations are effective May 1, 1999.
FOR FURTHER INFORMATION CONTACT: Concerning the regulations, William L.
Blodgett, (202) 622-3090 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
This document contains amendments to the regulations revising
certain tables used for the valuation of partial interests in property
under section 7520 of the Internal Revenue Code of 1986 (Code) to
reflect the most recent mortality experience available.
In General
Section 7520, effective for transfers for which the valuation date
is after
[[Page 23188]]
April 30, 1989, provides that the value of an annuity, an interest for
life or a term of years, and a remainder or reversionary interest is to
be determined under tables published by the Internal Revenue Service
based on a discount rate (rounded to the nearest two-tenths of one
percent) equal to 120 percent of the applicable Federal mid-term rate
in effect under section 1274(d)(1) for the month in which the valuation
date falls. Section 7520(c)(3) directed the Secretary to issue tables
not later than December 31, 1989, utilizing the then most recent
mortality experience. Thereafter, the Secretary is directed to revise
the tables used in valuing interests dependent on mortality experience
not less frequently than once each 10 years to take into account the
most recent mortality experience available as of the time of the
revision.
These regulations incorporate revised Table S (Single Life
Remainder Factors) and Table U(1) (Unitrust Single Life Remainder
Factors) based on data compiled from the 1990 census as set forth in
Life Table 90CM, and make conforming amendments to various sections to
reflect the revised tables. The current tables are moved to sections
containing actuarial material for historical reference. Table B, Table
D, Tables F(4.2) through F(14.0), Table J, and Table K, which are not
based on mortality experience, are not changed. Internal Revenue
Service Publications 1457 ``Actuarial Values, Book Aleph'' (forthcoming
1999), 1458 ``Actuarial Values, Book Beth'' (forthcoming 1999), and
1459 ``Actuarial Values, Book Gimel'' (forthcoming 1999) will contain a
complete set of actuarial tables that include factors not contained in
the regulations (for example, annuity and life interest factors).
Although not available on May 1, 1999, IRS anticipates these
publications will be available by July 1, 1999. These publications will
be available for purchase from the Superintendent of Documents, United
States Government Printing Office, Washington, DC 20402.
The following chart summarizes the applicable interest rates and
the citations to textual materials and tables for the various periods
covered under the regulations:
Cross Reference to Regulation Sections
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Valuation period Interest rate Regulation section Table
--------------------------------------------------------------------------------------------------------------------------------------------------------
Section 642:
Valuation, in general..... 1.642(c)-6
Before 01/01/52........... 4% 1.642(c)-6A(a)
01/01/52-12/31/70......... 3.5% 1.642(c)-6A(b)
01/01/71-11/30/83......... 6% 1.642(c)-6A(c)
12/01/83-04/30/89......... 10% 1.642(c)-6A(d) Table G.
05/01/89-04/30/99......... Sec. 7520 1.642(c)-6A(e) Table S (5/1/89-4/30/99).
After 04/30/99............ Sec. 7520 1.642(c)-6T(e) Table S (after 04/30/99).
Section 664:
Valuation, in general..... 1.664-4
Before 01/01/52........... 4% 1.664-4A(a)
01/01/52-12/31/70......... 3.5% 1.664-4A(b)
01/01/71-11/30/83......... 6% 1.664-4A(c)
12/01/83-04/30/89......... 10% 1.664-4A(d) Table E, Table F(1).
05/01/89-04/30/99......... Sec. 7520........... 1.664-4A(e) Table U(1) (5/1/89-4/30/99).
After 04/30/99............ Sec. 7520 1.664-4T(e) Table U(1) (after 04/30/99).
1.664-4(e) Table D and Tables F(4.2)-F(14.0).
Section 2031:
Valuation, in general..... 20.2031-7
Before 01/01/52........... 4% 20.2031-7A(a)
01/01/52-12/31/70......... 3.5% 20.2031-7A(b)
01/01/71-11/30/83......... 6% 20.2031-7A(c)
12/01/83-04/30/89......... 10% 20.2031-7A(d) Table A, Table B, Table LN.
05/01/89-04/30/99......... Sec. 7520 20.2031-7A(e) Table S (5/1/89-4/30/99) Life Table 80CNSMT.
After 04/30/99............ Sec. 7520 20.2031-7T(d) Table S (after 04/30/99) and Life Table 90CM.
20.2031-7(d) Table B, Table J, Table K.
Section 2512:
Valuation, in general..... 25.2512-5
Before 01/01/52........... 4% 25.2512-5A(a)
01/01/52-12/31/70......... 3.5% 25.2512-5A(b)
01/01/71-11/30/83......... 6% 25.2512-5A(c)
12/01/83-04/30/89......... 10% 25.2512-5A(d)
05/01/89-04/30/99......... Sec. 7520 25.2512-5A(e)
After 04/30/99............ Sec. 7520 25.2512-5T(d)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Effective Dates
These regulations are applicable in the case of annuities,
interests for life or terms of years, and remainder or reversionary
interests created after April 30, 1999.
Transitional Rules
The regulations provide certain transitional rules intended to
alleviate any adverse consequences resulting from the proposed
regulatory change. For gift tax purposes, if the valuation date of a
transfer is after April 30, 1999, but before July 1, 1999, the donor
may determine the value of the gift (and/or any applicable charitable
deduction) under tables based on either Life Table 80CNSMT or Table
90CM (at the donor's option). Similarly, for estate tax purposes, if
the decedent dies after April 30, 1999, but before July 1, 1999, the
value of any interest (and/or any applicable charitable deduction) may
be determined under tables based on either Table 80CNSMT or Table 90CM,
at the option of the decedent's executor. However, the section 7520
interest rate utilized is the appropriate rate for the month in which
the valuation date occurs. In accordance with this transitional rule
and those contained in
[[Page 23189]]
Sec. Sec. 1.7520-2(a)(2), 20.7520-2(a)(2) and 25.7520-2(a)(2), in cases
involving a charitable deduction, if the valuation date occurs after
April 30, 1999, and before July 1, 1999, and the executor or donor
elects under section 7520(a) to use the section 7520 interest rate for
March 1999 or April 1999, then the mortality experience contained in
80CNSMT must be used. If the executor or donor uses the section 7520
interest rate for May 1999 or for June 1999, then the tables based on
either Table 80CNSMT or Table 90CM may be used. However, if the
valuation date occurs after June 30, 1999, the executor or donor must
use the new mortality experience contained in Table 90CM even if a
prior month interest rate election under section 7520(a) is made.
In addition, for estate tax purposes, the estate of a mentally
incompetent decedent may elect to value the property interest included
in the gross estate under the mortality table and interest rate in
effect at the time the decedent became mentally incompetent or the
mortality table and interest rate in effect on the decedent's date of
death if the decedent was under a mental incapacity that existed on May
1, 1999, and continued uninterrupted until the decedent's death, or the
decedent died within 90 days of regaining competency after April 30,
1999.
Special Analysis
It has been determined that this Treasury decision is not a
significant regulatory action as defined in EO 12866. Therefore, a
regulatory assessment is not required. It also has been determined that
section 553(b) of the Administrative Procedure Act (5 U.S.C. chapter 5)
does not apply to these regulations, and because these regulations do
not impose a collection of information requirement on small entities,
the Regulatory Flexibility Act (5 U.S.C. chapter 6) does not apply.
Therefore, a Regulatory Flexibility Analysis is not required. Pursuant
to section 7805(f) of the Internal Revenue Code, these regulations will
be submitted to the Chief Counsel for Advocacy of the Small Business
Administration for comment on its impact on small business.
Drafting information. The principal author of these regulations is
William L. Blodgett, Office of Assistant Chief Counsel (Passthroughs
and Special Industries), IRS. However, other personnel from the IRS and
Treasury Department participated in their development.
List of Subjects
26 CFR Part 1
Income taxes, Reporting and recordkeeping requirements.
26 CFR Part 20
Estate taxes, Reporting and recordkeeping requirements.
26 CFR Part 25
Gift taxes, Reporting and recordkeeping requirements.
Adoption of Amendments to the Regulations
Accordingly, 26 CFR parts 1, 20, and 25 are amended as follows:
PART 1--INCOME TAXES
Paragraph 1. The authority citation for part 1 is amended by adding
entries in numerical order to read in part as follows:
Authority: 26 U.S.C. 7805 * * *
Section 1.170A-12 also issued under 26 U.S.C. 170(f)(4). * * *
Section 1.642(c)-6 also issued under 26 U.S.C. 642(c)(5).
Section 1.642(c)-6T also issued under 26 U.S.C. 642(c)(5).
Section 1.642(c)-6A also issued under 26 U.S.C. 642(c)(5).
Section 1.664-1 also issued under 26 U.S.C. 664(a).
Section 1.664-2 also issued under 26 U.S.C. 664(a).
Section 1.664-3 also issued under 26 U.S.C. 664(a).
Section 1.664-4 also issued under 26 U.S.C. 664(a).
Section 1.664-4T also issued under 26 U.S.C. 664(a).
Section 1.664-4A also issued under 26 U.S.C. 664(a). * * *
Section 1.7520-1T also issued under 26 U.S.C. 7520(c)(2). * * *
Par. 2. Section 1.170A-6 is amended by revising paragraph (c)(5),
Example (2)(b) introductory text to read as follows:
Sec. 1.170A-6 Charitable contributions in trust.
* * * * *
(c) * * *
(5) * * *
Example 2. * * *
(b) The section 7520 rate at the time of the transfer was 6.0
percent. By reference to Table F(6.0) in Sec. 1.664-4(e)(6), the
adjusted payout rate is 4.717% (5% x 0.943396). The present value
of the reversion is $6,473.75, computed by reference to Table D in
Sec. 1.664-4(e)(6), as follows:
* * * * *
Par. 3. Section 1.170A-12T is added to read as follows:
Sec. 1.170A-12T Valuation of a remainder interest in real property for
contributions made after July 31, 1969 (temporary).
(a) through (b)(1) [Reserved] For further guidance see Sec. 1.170A-
12(a) through (b)(1).
(b)(2) Computation of depreciation factor after April 30, 1999. If
the valuation of the remainder interest in depreciable property is
dependent upon the continuation of one life, a special factor must be
used. The factor determined under this paragraph (b)(2) is carried to
the fifth decimal place. The special factor is to be computed on the
basis of the interest rate and life contingencies prescribed in
Sec. 20.2031-7T (or for certain prior periods, Sec. 20.2031-7A) of this
chapter (Estate Tax Regulations) and on the assumption that the
property depreciates on a straight-line basis over its estimated useful
life. For transfers for which the valuation date is after April 30,
1999, special factors for determining the present value of a remainder
interest following one life and an example describing the computation
are contained in Internal Revenue Service Publication 1459, ``Actuarial
Values, Book Gimel,'' (1999). A copy of this publication is available
for purchase from the Superintendent of Documents, United States
Government Printing Office, Washington, DC 20402. See, however,
Sec. 1.7520-3(b) (relating to exceptions to the use of prescribed
tables under certain circumstances). Otherwise, in the case of the
valuation of a remainder interest following one life, the special
factor may be obtained through use of the following formula:
[GRAPHIC] [TIFF OMITTED] TR30AP99.010
[[Page 23190]]
Where:
n=the estimated number of years of useful life,
i=the applicable interest rate under section 7520 of the Internal
Revenue Code,
v=1 divided by the sum of 1 plus the applicable interest rate under
section 7520 of the Internal Revenue Code,
x=the age of the life tenant, and
lx=number of persons living at age x as set forth in Table 90CM of
Sec. 20.2031-7T (or, for prior periods, the tables set forth under
Sec. 20.2031-7A) of this chapter.
(3) The following example illustrates the provisions of this
paragraph (b):
Example. A, who is 62, donates to Y University a remainder
interest in a personal residence, consisting of a house and land,
subject to a reserved life estate in A. At the time of the gift, the
land has a value of $30,000 and the house has a value of $100,000
with an estimated useful life of 45 years, at the end of which the
value of the house is expected to be $20,000. The portion of the
property considered to be depreciable is $80,000 (the value of the
house ($100,000) less its expected value at the end of 45 years
($20,000)). The portion of the property considered to be
nondepreciable is $50,000 (the value of the land at the time of the
gift ($30,000) plus the expected value of the house at the end of 45
years ($20,000)). At the time of the gift, the interest rate
prescribed under section 7520 is 8.4 percent. Based on an interest
rate of 8.4 percent, the remainder factor for $1.00 prescribed in
Sec. 20.2031-7T(d) of this chapter for a person age 62 is 0.27925.
The value of the nondepreciable remainder interest is $13,962.50
(0.27925 times $50,000). The value of the depreciable remainder
interest is $16,148.80 (0.20186, computed under the formula
described in paragraph (b)(2) of this section, times $80,000).
Therefore, the value of the remainder interest is $30,111.30.
(c) through (e) [Reserved]. For further guidance see Sec. 1.170A-12
(c) through (e).
Par. 4. Section 1.642(c)-6 is amended as follows:
1. Revise the section heading.
2. Paragraph (d) is removed.
3. Paragraph (e) is redesignated as paragraph (e) of Sec. 1.642(c)-
6A.
4. New paragraphs (d) and (e) are added.
5. Paragraph (f) is revised.
The revisions and addition read as follows:
Sec. 1.642(c)-6 Valuation of a remainder interest in property
transferred to a pooled income fund.
* * * * *
(d) and (e) [Reserved]. For further guidance, see Sec. 1.642(c)-
6T(d) and (e).
(f) Effective dates. This section applies after April 30, 1989, and
before May 1, 1999.
Par. 5. Section 1.642(c)-6T is added to read as follows:
Sec. 1.642(c)-6T Valuation of a remainder interest in property
transferred to a pooled income fund (temporary).
(a) through (c) [Reserved]. For further guidance, see
Sec. 1.642(c)-6(a) through (c).
(d) Valuation. The present value of the remainder interest in
property transferred to a pooled income fund after April 30, 1999, is
determined under paragraph (e) of this section. The present value of
the remainder interest in property transferred to a pooled income fund
for which the valuation date is before May 1, 1999, is determined under
the following sections:
------------------------------------------------------------------------
Valuation Dates
----------------------------------------------- Applicable regulations
After Before
------------------------------------------------------------------------
01-01-52 1.642(c)-6A(a).
12-31-51......................... 01-01-71 1.642(c)-6A(b).
12-31-70......................... 12-01-83 1.642(c)-6A(c).
11-30-83......................... 05-01-89 1.642(c)-6A(d).
04-30-89......................... 05-01-99 1.642(c)-6A(e).
------------------------------------------------------------------------
(e) Present value of the remainder interest in the case of
transfers to pooled income funds for which the valuation date is after
April 30, 1999--(1) In general. In the case of transfers to pooled
income funds for which the valuation date is after April 30, 1999, the
present value of a remainder interest is determined under this section.
See, however, Sec. 1.7520-3(b) (relating to exceptions to the use of
prescribed tables under certain circumstances). The present value of a
remainder interest that is dependent on the termination of the life of
one individual is computed by the use of Table S in paragraph (e)(6) of
this section. For purposes of the computations under this section, the
age of an individual is the age at the individual's nearest birthday.
(2) Transitional rules for valuation of transfers to pooled income
funds. (i) For purposes of sections 2055, 2106, or 2624, if on May 1,
1999, the decedent was mentally incompetent so that the disposition of
the property could not be changed, and the decedent died after April
30, 1999, without having regained competency to dispose of the
decedent's property, or the decedent died within 90 days of the date
that the decedent first regained competency after April 30, 1999, the
present value of a remainder interest is determined as if the valuation
date with respect to the decedent's gross estate is either before May
1, 1999, or after April 30, 1999, at the option of the decedent's
executor.
(ii) For purposes of sections 170, 2055, 2106, 2522, or 2624, in
the case of transfers to a pooled income fund for which the valuation
date is after April 30, 1999, and before July 1, 1999, the present
value of the remainder interest under this section is determined by use
of the section 7520 interest rate for the month in which the valuation
date occurs (See Secs. 1.7520-1(b) and 1.7520-2(a)(2)) and the
appropriate actuarial tables under either paragraph (e)(6) of this
section or Sec. 1.642(c)-6A(e)(5), at the option of the donor or the
decedent's executor, as the case may be.
(iii) For purposes of paragraphs (e)(2)(i) and (ii) of this
section, where the donor or decedent's executor is given the option to
use the appropriate actuarial tables under either paragraph (e)(6) of
this section or Sec. 1.642(c)-6A(e)(5), the donor or 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 (e.g., 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) Present value of a remainder interest. The present value of a
remainder interest in property transferred to a pooled income fund is
computed on the basis of--
(i) Life contingencies determined from the values of lx that are
set forth in Table 90CM in Sec. 20.2031-7T(d)(7) of this chapter
(Estate Tax Regulations) (See Sec. 20.2031-7A of this chapter for
certain prior periods); and
(ii) Discount at a rate of interest, compounded annually, equal to
the highest yearly rate of return of the pooled income fund for the 3
taxable years immediately preceding its taxable year in which the
transfer of property to the fund is made. For purposes of this
paragraph (e), the yearly rate of return of a pooled income fund is
determined as provided in Sec. 1.642(c)-6(c) unless the highest rate of
return is deemed to be the rate described in paragraph (e)(4) of this
section for funds in existence less than 3 taxable years. For purposes
of this paragraph (e)(3)(ii), the first taxable year of a pooled income
fund is considered a taxable year even though the taxable year consists
of less than 12 months. However, appropriate adjustments must be made
to annualize the rate of return earned by the fund for that period.
Where it appears from the facts and circumstances that the highest
yearly rate of return of the fund for the 3 taxable years immediately
preceding
[[Page 23191]]
the taxable year in which the transfer of property is made has been
purposely manipulated to be substantially less than the rate of return
that would otherwise be reasonably anticipated with the purpose of
obtaining an excessive charitable deduction, that rate of return may
not be used. In that case, the highest yearly rate of return of the
fund is determined by treating the fund as a pooled income fund that
has been in existence for less than 3 preceding taxable years.
(4) Pooled income funds in existence less than 3 taxable years. If
a pooled income fund has been in existence less than 3 taxable years
immediately preceding the taxable year in which the transfer is made to
the fund and the transfer to the fund is made after April 30, 1989, the
highest rate of return is deemed to be the interest rate (rounded to
the nearest two-tenths of one percent) that is 1 percent less than the
highest annual average of the monthly section 7520 rates for the 3
calendar years immediately preceding the calendar year in which the
transfer to the pooled income fund is made. The deemed rate of return
for transfers to new pooled income funds is recomputed each calendar
year using the monthly section 7520 rates for the 3-year period
immediately preceding the calendar year in which each transfer to the
fund is made until the fund has been in existence for 3 taxable years
and can compute its highest rate of return for the 3 taxable years
immediately preceding the taxable year in which the transfer of
property to the fund is made in accordance with the rules set forth in
the first sentence of paragraph (e)(3)(ii) of this section.
(5) Computation of value of remainder interest. The factor that is
used in determining the present value of a remainder interest that is
dependent on the termination of the life of one individual is the
factor from Table S in paragraph (e)(6) of this section under the
appropriate yearly rate of return opposite the number that corresponds
to the age of the individual upon whose life the value of the remainder
interest is based (See Sec. 1.642(c)-6A for certain prior periods). The
tables in paragraph (e)(6) of this section include factors for yearly
rates of return from 4.2 to 14 percent. Many actuarial factors not
contained in the tables in paragraph (e)(6) of this section are
contained in Table S in Internal Revenue Service Publication 1457,
``Actuarial Values, Book Aleph,'' (1999). A copy of this publication is
available for purchase from the Superintendent of Documents, United
States Government Printing Office, Washington, DC 20402. For other
situations, see Sec. 1.642(c)-6(b). If the yearly rate of return is a
percentage that is between the yearly rates of return for which factors
are provided, a linear interpolation must be made. The present value of
the remainder interest is determined by multiplying the fair market
value of the property on the valuation date by the appropriate
remainder factor. This paragraph (e)(5) may be illustrated by the
following example:
Example. A, who is 54 years and 8 months, transfers $100,000 to
a pooled income fund, and retains a life income interest in the
property. The highest yearly rate of return earned by the fund for
its 3 preceding taxable years is 9.47 percent. In Table S, the
remainder factor opposite 55 years under 9.4 percent is .17449 and
under 9.6 percent is .17001. The present value of the remainder
interest is $17,292.00, computed as follows:
Factor at 9.4 percent for age 55.............................. .17449
Factor at 9.6 percent for age 55.............................. .17001
---------
Difference.................................................... .00448
Interpolation adjustment:
[GRAPHIC] [TIFF OMITTED] TR30AP99.004
Factor at 9.4 percent for age 55.......................... .17449
Less: Interpolation adjustment............................ .00157
-------------
Interpolated factor....................................... .17292
Present value of remainder interest: ($100,000 x .17292) $17,292.00
(6) Actuarial tables. In the case of transfers for which the
valuation date is after April 30, 1999, the present value of a
remainder interest dependent on the termination of one life in the case
of a transfer to a pooled income fund is determined by use of the
following Table S:
Table S.--Single Life Remainder Factors Applicable After April 30, 1999
Based on Life Table 90CM
[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
[[Page 23192]]
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
[[Page 23193]]
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
[[Page 23194]]
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
[[Page 23195]]
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
[[Page 23196]]
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
[[Page 23197]]
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
[[Page 23198]]
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
[[Page 23199]]
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
--------------------------------------------------------------------------------------------------------------------------------------------------------
(f) Effective dates. This section applies after April 30, 1999.
Par. 6. Immediately following Sec. 1.643(d)-2, the undesignated
centerheading is revised to read as follows:
Pooled Income Fund Actuarial Tables Applicable Before May 1, 1999
Par. 7. Section 1.642(c)-6A is amended by:
1. Revising the section heading.
2. Amending newly designated paragraph (e) as follows:
a. Paragraph (e) heading is revised.
b. Paragraph (e)(1), first sentence is revised.
c. Paragraph (e)(2)(ii) is revised.
d. Paragraph (e)(3) is revised.
e. Paragraph (e)(4) is revised.
f. Paragraph (e)(5) introductory text is revised.
g. Paragraph (e)(5), the heading for Table S is revised.
The revisions read as follows:
Sec. 1.642(c)-6A Valuation of charitable remainder interests for which
the valuation date is before May 1, 1999.
* * * * *
(e) Present value of the remainder interest in the case of
transfers to pooled income funds for which the valuation date is after
April 30, 1989, and before May 1, 1999--(1) In general. In the case of
transfers to pooled income funds for which the valuation date is after
April 30, 1989, and before May 1, 1999, the present value of a
remainder interest is determined under this section. * * *
(2) * * *
(ii) Discount at a rate of interest, compounded annually, equal to
the highest yearly rate of return of the pooled income fund for the 3
taxable years immediately preceding its taxable year in which the
transfer of property to the fund is made. The provisions of
Sec. 1.642(c)-6(c) apply for determining the yearly rate of return.
However, where the taxable year is less than 12 months, the provisions
of Sec. 1.642(c)-6T(e)(3)(ii) apply for the determining the yearly rate
of return.
(3) Pooled income funds in existence less than 3 taxable years. The
provisions of Sec. 1.642(c)-6T(e)(4) apply for determining the highest
yearly rate of return when the pooled income fund has been in existence
less than three taxable years.
(4) Computation of value of remainder interest. The factor that is
used in determining the present value of a remainder interest that is
dependent on the termination of the life of one individual is the
factor from Table S in paragraph (e)(5) of this section under the
appropriate yearly rate of return opposite the number that corresponds
to the age of the individual upon whose life the value of the remainder
interest is based. Table S in paragraph (e)(5) of this section includes
factors for yearly rates of return from 4.2 to 14 percent. Many
actuarial factors not contained in Table S in paragraph (e)(5) of this
section are contained in Table S in Internal Revenue Service
Publication 1457, ``Actuarial Values, Alpha Volume,'' (8-89).
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 by a written request to: CC:DOM:CORP:R (IRS Publication
1457), room 5226, Internal Revenue Service, POB 7604, Ben Franklin
Station, Washington, DC 20044. For other situations, see Sec. 1.642(c)-
6(b). If the yearly rate of return is a percentage that is between the
yearly rates of return for which factors are provided, a linear
interpolation must be made. The present value of the remainder interest
is determined by multiplying the fair market value of the property on
the valuation date by the appropriate remainder factor. For an example
of a computation of the present value of a remainder interest requiring
a linear interpolation adjustment, see Sec. 1.642(c)-6T(e)(5).
(5) Actuarial tables. In the case of transfers for which the
valuation date is after April 30, 1989, and before May 1, 1999, the
present value of a remainder interest dependent on the termination of
one life in the case of a transfer to a pooled income fund is
determined by use of the following tables:
Table S.--Based on Life Table 80CNSMT Single Life Remainder Factors
[Applicable After April 30, 1989, and Before May 1, 1999]
* * * * *
Par. 8. Section 1.664-4 is amended as follows:
1. Paragraph (a)(1) is revised.
2. Paragraph (d) is removed.
3. Paragraphs (e) heading, (e)(1) through (e)(5), and (e)(6)
heading, introductory text , and Table U(1) are redesignated as
Sec. 1.664-4A(e) heading, (e)(1) through (e)(5) and (e)(6) heading,
introductory text, and Table U(1), respectively.
4. New paragraphs (d) through (e)(5) are added.
5. New paragraph heading and introductory text are added to
remaining paragraph (e)(6) preceding Table D.
6. Paragraph (f) is revised.
The additions and revision read as follows:
[[Page 23200]]
Sec. 1.664-4 Calculation of the fair market value of the remainder
interest in a charitable remainder unitrust.
(a) * * *
(1) [Reserved]. For further guidance, see Sec. 1.664-4T(a)(1).
* * * * *
(d) through (e)(5) [Reserved]. For further guidance, see
Sec. 1.664-4T(d) through (e)(5).
(6) Actuarial Table D and F (4.2 through 14.0) for transfers for
which the valuation date is after April 30, 1989. For transfers for
which the valuation date is after April 30, 1989, the present value of
a charitable remainder unitrust interest that is dependent upon a term
of years is determined by using the section 7520 rate and the tables in
this paragraph (e)(6). For transfers for which the valuation date is
after April 30, 1999, where the present value of a charitable remainder
unitrust interest is dependent on the termination of a life interest ,
see Sec. 1.664-4T(e)(7). See, however, Sec. 1.7520-3(b) (relating to
exceptions to the use of prescribed tables under certain
circumstances). Many actuarial factors not contained in the following
tables are contained in Internal Revenue Service Publication 1458,
``Actuarial Values, Book Beth,'' (1999). A copy of this publication is
available for purchase from the Superintendent of Documents, United
States Government Printing Office, Washington, DC 20402.
* * * * *
(f) Effective dates. This section applies after April 30, 1989, and
before May 1, 1999.
Par. 9. Section 1.664-4T is added to read as follows:
Sec. 1.664-4T Calculation of the fair market value of the remainder
interest in a charitable remainder unitrust (temporary).
(a) [Reserved] For further guidance, see Sec. 1.664-4(a).
(1) Life contingencies determined as to each life involved, from
the values of lx set forth in Table 90CM contained in Sec. 20.2031-
7T(d)(7) of this chapter (Estate Tax Regulations) in the case of
transfers for which the valuation date is after April 30, 1999; or from
Table 80CNSMT contained Sec. 20.2031-7A(e)(4) of this chapter in the
case of transfer for which the valuation date is after April 30, 1989,
and before May 1, 1999. See Sec. 20.2031-7A(a) through (d) of this
chapter, whichever is applicable, for transfers for which the valuation
date is before May 1, 1989;
(a)(2) through (c) [Reserved] For further guidance, see Sec. 1.664-
4(a)(2) through (c).
(d) Valuation. The fair market value of a remainder interest in a
charitable remainder unitrust (as described in Sec. 1.664-3) for
transfers for which the valuation date is after April 30, 1999, is its
present value determined under paragraph (e) of this section. The fair
market value of a remainder interest in a charitable remainder unitrust
(as described in Sec. 1.664-3) for transfers for which the valuation
date is before May 1, 1999, is its present value determined under the
following sections:
------------------------------------------------------------------------
Valuation dates
----------------------------------------------- Applicable regulations
After Before
------------------------------------------------------------------------
01-01-52 1.664-4A(a).
12-31-51......................... 01-01-71 1.664-4A(b).
12-31-70......................... 12-01-83 1.664-4A(c).
11-30-83......................... 05-01-89 1.664-4A(d).
04-30-89......................... 05-01-99 1.664-4A(e).
------------------------------------------------------------------------
(e) Valuation of charitable remainder unitrusts having certain
payout sequences for transfers for which the valuation date is after
April 30, 1999--(1) In general. Except as otherwise provided in
paragraph (e)(2) of this section, in the case of transfers for which
the valuation date is after April 30, 1999, the present value of a
remainder interest is determined under paragraphs (e)(3) through (e)(6)
of this section, provided that the amount of the payout as of any
payout date during any taxable year of the trust is not larger than the
amount that the trust could distribute on such date under Sec. 1.664-
3(a)(1)(v) if the taxable year of the trust were to end on such date.
See, however, Sec. 1.7520-3(b) (relating to exceptions to the use of
the prescribed tables under certain circumstances).
(2) Transitional rules for valuation of charitable remainder
unitrusts. (i) For purposes of sections 2055, 2106, or 2624, if on May
1, 1999, the decedent was mentally incompetent so that the disposition
of the property could not be changed, and the decedent died after April
30, 1999, without having regained competency to dispose of the
decedent's property, or the decedent died within 90 days of the date
that the decedent first regained competency after April 30, 1999, the
present value of a remainder interest under this section is determined
as if the valuation date with respect to the decedent's gross estate is
either before May 1, 1999, or after April 30, 1999, at the option of
the decedent's executor.
(ii) For purposes of sections 170, 2055, 2106, 2522, or 2624, in
the case of transfers to a charitable remainder unitrust for which the
valuation date is after April 30, 1999, and before July 1, 1999, the
present value of a remainder interest based on one or more measuring
lives is determined under this section by use of the section 7520
interest rate for the month in which the valuation date occurs (See
Secs. 1.7520-1(b) and 1.7520-2(a)(2)) and the appropriate actuarial
tables under either paragraph (e)(7) of this section or Sec. 1.664-
4A(e)(6), at the option of the donor or the decedent's executor, as the
case may be.
(iii) For purposes of paragraphs (e)(2)(i) and (ii) of this
section, where the donor or decedent's executor is given the option to
use the appropriate actuarial tables under either paragraph (e)(7) of
this section or Sec. 1.664-4A(e)(6), the donor or 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 (e.g., 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) Adjusted payout rate. For transfers for which the valuation
date is after April 30, 1989, the adjusted payout rate is determined by
using the appropriate Table F in Sec. 1.664-4(e)(6), for the section
7520 interest rate applicable to the transfer. If the interest rate is
between 4.2 and 14 percent, see Sec. 1.664-4(e)(6). If the interest
rate is below 4.2 percent or greater than 14 percent, see Sec. 1.664-
4(b). The adjusted payout rate is determined by multiplying the fixed
percentage described in Sec. 1.664-3(a)(1)(i)(a) by the factor
describing the payout sequence of the trust and the number of months by
which the valuation date for the first full taxable year of the trust
precedes the first payout date for such taxable year. If the governing
instrument does not prescribe when the distribution or distributions
shall be made during the taxable year of the trust, see Sec. 1.664-
4(a). In the case of a trust having a payout sequence for which no
figures have been provided by the appropriate table, and in the case of
a trust that determines the fair market value of the trust assets by
taking the average of valuations on more than one date during the
taxable year, see Sec. 1.664-4(b).
(4) Period is a term of years. If the period described in
Sec. 1.664-3(a)(5) is a term of years, the factor that is used in
determining the present value of the remainder interest for transfers
for which the valuation date is after November 30, 1983, is the factor
under the appropriate adjusted payout rate in Table D of Sec. 1.664-
4(e)(6) corresponding to the number of years in the term. If the
adjusted payout rate is an amount that is between adjusted payout rates
for which factors are provided in Table D,
[[Page 23201]]
a linear interpolation must be made. The present value of the remainder
interest is determined by multiplying the net fair market value (as of
the appropriate valuation date) of the property placed in trust by the
factor determined under this paragraph. For purposes of this section,
the valuation date is, in the case of an inter vivos transfer, the date
on which the property is transferred to the trust by the donor.
However, if an election is made under section 7520 and Sec. 1.7520-2(b)
to compute the present value of the charitable interest by use of the
interest rate component for either of the 2 months preceding the month
in which the date of transfer falls, the month so elected is the
valuation date for purposes of determining the interest rate and
mortality tables. In the case of a testamentary transfer under section
2055, 2106, or 2624, the valuation date is the date of death, unless
the alternate valuation date is elected under section 2032, in which
event, and within the limitations set forth in section 2032 and the
regulations thereunder, the valuation date is the alternate valuation
date. If the decedent's estate elects the alternate valuation date
under section 2032 and also elects, under section 7520 and Sec. 1.7520-
2(b), to use the interest rate component for one of the 2 months
preceding the alternate valuation date, the month so elected is the
valuation date for purposes of determining the interest rate and
mortality tables. The application of this paragraph (e)(4) may be
illustrated by the following example:
Example. D transfers $100,000 to a charitable remainder unitrust
on January 1. The trust instrument requires that the trust pay 8
percent of the fair market value of the trust assets as of January
1st for a term of 12 years to D in quarterly payments (March 31,
June 30, September 30, and December 31). The section 7520 rate for
January (the month that the transfer occurred) is 9.6 percent. Under
Table F(9.6) in Sec. 1.664-4(e)(6), the appropriate adjustment
factor is .944628 for quarterly payments payable at the end of each
quarter. The adjusted payout rate is 7.557 (8% X .944628). Based on
the remainder factors in Table D in Sec. 1.664-4(e)(6), the present
value of the remainder interest is $38,950.30, computed as follows:
Factor at 7.4 percent for 12 years........................... .397495
Factor at 7.6 percent for 12 years........................... .387314
----------
Difference................................................... .010181
Interpolation adjustment:
[GRAPHIC] [TIFF OMITTED] TR30AP99.005
Factor at 7.4 percent for 12 years...................... .397495
Less: Interpolation adjustment.......................... .007992
---------------
Interpolated factor..................................... .389503
Present value of remainder interest: ($100,000 X $38,950.30
.389503)...............................................
(5) Period is the life of one individual. If the period described
in Sec. 1.664-3(a)(5) is the life of one individual, the factor that is
used in determining the present value of the remainder interest for
transfers for which the valuation date is after April 30, 1999, is the
factor in Table U(1) in paragraph (e)(7) of this section under the
appropriate adjusted payout. For purposes of the computations described
in this paragraph, the age of an individual is the age of that
individual at the individual's nearest birthday. If the adjusted payout
rate is an amount that is between adjusted payout rates for which
factors are provided in the appropriate table, a linear interpolation
must be made. The present value of the remainder interest is determined
by multiplying the net fair market value (as of the valuation date as
determined in paragraph (e)(4) of this section) of the property placed
in trust by the factor determined under this paragraph (e)(5). If the
adjusted payout rate is between 4.2 and 14 percent, see paragraph
(e)(7) of this section. If the adjusted payout rate is below 4.2
percent or greater than 14 percent, see Sec. 1.664-4(b). The
application of this paragraph (e)(5) may be illustrated by the
following example:
Example. A, who is 44 years and 11 months old, transfers
$100,000 to a charitable remainder unitrust on January 1st. The
trust instrument requires that the trust pay to A semiannually (on
June 30 and December 31) 9 percent of the fair market value of the
trust assets as of January 1st during A's life. The section 7520
rate for January is 9.6 percent. Under Table F(9.6) in Sec. 1.664-
4(e)(6), the appropriate adjustment factor is .933805 for semiannual
payments payable at the end of the semiannual period. The adjusted
payout rate is 8.404 (9% X .933805). Based on the remainder factors
in Table U(1) in this section, the present value of the remainder
interest is $10,109.00, computed as follows:
Factor at 8.4 percent at age 45............................... .10117
Factor at 8.6 percent at age 45............................... .09715
---------
Difference.................................................... .00402
Interpolation adjustment:
[GRAPHIC] [TIFF OMITTED] TR30AP99.006
Factor at 8.4 percent at age 45............................ .10117
Less: Interpolation adjustment............................. .00008
------------
Interpolated Factor........................................ .10109
Present value of remainder interest: ($100,000 X .10109)... $10,109.00
(6) [Reserved].
(7) Actuarial Table U(1) for transfers for which the valuation date
is after April 30, 1999. For transfers for which the valuation date is
after April 30, 1999, the present value of a charitable remainder
unitrust interest that is dependent on a term of years or the
termination of a life interest is determined by using the section 7520
rate, Table U(1) in this paragraph (e)(7), and Table D and Table F(4.2)
through (14.0) in Sec. 1.664-4(e)(6). See, however, Sec. 1.7520-3(b)
(relating to exceptions to the use of prescribed tables under certain
circumstances). Many actuarial factors not contained in the following
tables are contained in Internal Revenue Service Publication 1458,
``Actuarial Values, Book Beth,'' (1999). A copy of this publication is
available for purchase from the Superintendent of Documents, United
States Government Printing Office, Washington, DC 20402.
Table U(1).--Unitrust Single Life Remainder Factors Applicable for
Transfers After April 30, 1999 Based on Life Table 90CM
[Adjusted payout rate]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .06177 .05580 .05061 .04609 .04215 .03871 .03570 .03307 .03075 .02872
1................................................. .05543 .04925 .04388 .03919 .03509 .03151 .02838 .02563 .02321 .02109
2................................................. .05716 .05081 .04528 .04045 .03622 .03252 .02927 .02642 .02391 .02170
3................................................. .05920 .05268 .04699 .04201 .03765 .03382 .03046 .02750 .02490 .02260
4................................................. .06143 .05475 .04889 .04376 .03926 .03530 .03182 .02876 .02605 .02366
5................................................. .06384 .05697 .05095 .04567 .04103 .03694 .03334 .03016 .02735 .02487
6................................................. .06637 .05933 .05315 .04771 .04292 .03870 .03497 .03168 .02876 .02618
[[Page 23202]]
7................................................. .06905 .06183 .05547 .04987 .04494 .04058 .03673 .03332 .03029 .02761
8................................................. .07186 .06445 .05792 .05216 .04708 .04258 .03859 .03506 .03192 .02914
9................................................. .07482 .06722 .06052 .05460 .04936 .04471 .04060 .03694 .03369 .03079
10................................................. .07793 .07015 .06327 .05718 .05179 .04700 .04274 .03896 .03559 .03259
11................................................. .08120 .07323 .06617 .05991 .05435 .04942 .04502 .04111 .03762 .03450
12................................................. .08461 .07645 .06920 .06277 .05706 .05197 .04744 .04339 .03978 .03655
13................................................. .08812 .07976 .07234 .06574 .05985 .05461 .04993 .04576 .04202 .03867
14................................................. .09168 .08313 .07552 .06874 .06269 .05729 .05247 .04815 .04428 .04081
15................................................. .09527 .08652 .07872 .07176 .06554 .05999 .05501 .05055 .04655 .04296
16................................................. .09886 .08991 .08192 .07478 .06839 .06267 .05754 .05294 .04880 .04508
17................................................. .10249 .09334 .08515 .07782 .07126 .06537 .06008 .05533 .05105 .04720
18................................................. .10616 .09680 .08842 .08090 .07415 .06809 .06264 .05774 .05332 .04933
19................................................. .10994 .10037 .09178 .08407 .07714 .07091 .06529 .06023 .05566 .05153
20................................................. .11384 .10406 .09527 .08737 .08025 .07383 .06805 .06283 .05811 .05384
21................................................. .11790 .10790 .09891 .09080 .08349 .07690 .07094 .06555 .06068 .05626
22................................................. .12208 .11188 .10267 .09436 .08686 .08008 .07395 .06839 .06336 .05879
23................................................. .12643 .11601 .10659 .09808 .09038 .08342 .07710 .07138 .06618 .06146
24................................................. .13095 .12031 .11069 .10197 .09408 .08692 .08042 .07452 .06915 .06427
25................................................. .13567 .12481 .11497 .10605 .09795 .09060 .08392 .07784 .07230 .06726
26................................................. .14058 .12950 .11945 .11032 .10202 .09447 .08760 .08134 .07563 .07042
27................................................. .14571 .13442 .12415 .11481 .10631 .09856 .09149 .08505 .07916 .07379
28................................................. .15104 .13953 .12904 .11949 .11078 .10284 .09558 .08895 .08288 .07733
29................................................. .15656 .14484 .13414 .12438 .11546 .10731 .09986 .09304 .08679 .08106
30................................................. .16229 .15034 .13943 .12946 .12034 .11198 .10433 .09732 .09089 .08498
31................................................. .16821 .15605 .14493 .13474 .12541 .11685 .10900 .10179 .09517 .08909
32................................................. .17433 .16196 .15063 .14023 .13069 .12193 .11387 .10647 .09966 .09339
33................................................. .18068 .16810 .15655 .14595 .13620 .12723 .11897 .11137 .10437 .09791
34................................................. .18724 .17446 .16270 .15189 .14193 .13275 .12430 .11650 .10930 .10265
35................................................. .19405 .18107 .16910 .15808 .14791 .13853 .12987 .12187 .11448 .10764
36................................................. .20109 .18791 .17574 .16451 .15414 .14456 .13569 .12749 .11990 .11287
37................................................. .20838 .19500 .18263 .17120 .16062 .15083 .14177 .13337 .12558 .11835
38................................................. .21593 .20236 .18979 .17816 .16739 .15739 .14813 .13953 .13154 .12412
39................................................. .22374 .20998 .19723 .18540 .17443 .16423 .15477 .14597 .13779 .13017
40................................................. .23183 .21789 .20496 .19294 .18177 .17138 .16172 .15272 .14434 .13653
41................................................. .24021 .22611 .21299 .20079 .18943 .17885 .16899 .15980 .15123 .14322
42................................................. .24889 .23463 .22134 .20896 .19741 .18665 .17660 .16721 .15845 .15025
43................................................. .25786 .24344 .23000 .21744 .20572 .19477 .18453 .17496 .16601 .15762
44................................................. .26712 .25257 .23896 .22625 .21435 .20322 .19281 .18305 .17391 .16534
45................................................. .27665 .26196 .24821 .23534 .22328 .21198 .20139 .19145 .18213 .17338
46................................................. .28644 .27163 .25774 .24472 .23251 .22105 .21028 .20018 .19068 .18174
47................................................. .29647 .28155 .26754 .25438 .24201 .23040 .21947 .20919 .19952 .19041
48................................................. .30676 .29173 .27760 .26431 .25181 .24004 .22896 .21852 .20868 .19941
49................................................. .31729 .30217 .28794 .27453 .26190 .24999 .23876 .22817 .21817 .20873
50................................................. .32808 .31289 .29856 .28505 .27229 .26026 .24889 .23814 .22799 .21839
51................................................. .33912 .32387 .30946 .29585 .28299 .27083 .25933 .24845 .23815 .22840
52................................................. .35038 .33507 .32060 .30691 .29395 .28168 .27005 .25904 .24861 .23872
53................................................. .36185 .34651 .33198 .31821 .30517 .29280 .28106 .26993 .25937 .24934
54................................................. .37352 .35815 .34358 .32976 .31664 .30418 .29234 .28110 .27042 .26026
55................................................. .38539 .37002 .35542 .34155 .32836 .31583 .30390 .29256 .28177 .27149
56................................................. .39746 .38209 .36748 .35358 .34034 .32774 .31574 .30431 .29342 .28303
57................................................. .40971 .39437 .37976 .36584 .35257 .33992 .32785 .31634 .30536 .29488
58................................................. .42212 .40682 .39222 .37829 .36500 .35231 .34019 .32862 .31756 .30699
59................................................. .43464 .41939 .40482 .39090 .37759 .36488 .35272 .34109 .32996 .31932
60................................................. .44726 .43207 .41754 .40364 .39034 .37761 .36542 .35375 .34257 .33186
61................................................. .45999 .44488 .43041 .41655 .40326 .39053 .37833 .36662 .35540 .34463
62................................................. .47286 .45785 .44345 .42964 .41639 .40367 .39146 .37974 .36848 .35767
63................................................. .48589 .47098 .45667 .44293 .42972 .41703 .40484 .39311 .38184 .37100
64................................................. .49903 .48426 .47005 .45638 .44324 .43060 .41843 .40671 .39544 .38458
65................................................. .51229 .49766 .48357 .47001 .45694 .44435 .43223 .42054 .40927 .39841
66................................................. .52568 .51121 .49726 .48381 .47084 .45833 .44626 .43461 .42337 .41252
67................................................. .53924 .52495 .51115 .49784 .48498 .47256 .46056 .44898 .43778 .42696
68................................................. .55293 .53883 .52521 .51205 .49932 .48701 .47511 .46360 .45246 .44169
69................................................. .56671 .55283 .53940 .52640 .51382 .50165 .48985 .47844 .46738 .45666
70................................................. .58052 .56687 .55365 .54084 .52843 .51639 .50473 .49342 .48245 .47181
71................................................. .59431 .58091 .56791 .55529 .54306 .53118 .51966 .50847 .49761 .48707
72................................................. .60804 .59490 .58213 .56973 .55768 .54598 .53461 .52357 .51283 .50239
73................................................. .62168 .60881 .59629 .58411 .57227 .56076 .54955 .53866 .52806 .51774
74................................................. .63528 .62268 .61042 .59848 .58686 .57555 .56453 .55380 .54335 .53316
75................................................. .64887 .63657 .62458 .61290 .60151 .59041 .57959 .56904 .55875 .54872
76................................................. .66249 .65049 .63880 .62739 .61625 .60538 .59478 .58443 .57432 .56446
77................................................. .67612 .66446 .65307 .64194 .63108 .62046 .61009 .59995 .59005 .58037
78................................................. .68975 .67843 .66736 .65654 .64596 .63561 .62548 .61558 .60590 .59643
79................................................. .70330 .69233 .68160 .67109 .66081 .65074 .64088 .63123 .62178 .61253
80................................................. .71666 .70605 .69566 .68548 .67550 .66573 .65615 .64676 .63755 .62853
[[Page 23203]]
81................................................. .72975 .71950 .70946 .69961 .68995 .68047 .67117 .66205 .65310 .64433
82................................................. .74250 .73263 .72293 .71342 .70407 .69490 .68589 .67705 .66837 .65984
83................................................. .75493 .74542 .73608 .72690 .71788 .70902 .70031 .69175 .68333 .67506
84................................................. .76712 .75798 .74900 .74016 .73147 .72292 .71451 .70624 .69810 .69010
85................................................. .77913 .77037 .76175 .75326 .74491 .73668 .72859 .72061 .71276 .70503
86................................................. .79086 .78248 .77423 .76610 .75808 .75019 .74241 .73474 .72719 .71974
87................................................. .80218 .79418 .78628 .77850 .77083 .76326 .75580 .74844 .74118 .73402
88................................................. .81307 .80544 .79790 .79047 .78313 .77589 .76874 .76169 .75473 .74786
89................................................. .82355 .81628 .80909 .80200 .79500 .78808 .78125 .77450 .76783 .76125
90................................................. .83360 .82668 .81985 .81309 .80642 .79982 .79330 .78685 .78048 .77418
91................................................. .84308 .83650 .83000 .82357 .81721 .81092 .80470 .79855 .79246 .78645
92................................................. .85182 .84556 .83937 .83325 .82718 .82119 .81525 .80937 .80356 .79780
93................................................. .85985 .85390 .84800 .84215 .83637 .83064 .82497 .81936 .81379 .80829
94................................................. .86732 .86164 .85601 .85044 .84491 .83944 .83402 .82865 .82333 .81806
95................................................. .87437 .86895 .86359 .85827 .85300 .84778 .84260 .83746 .83237 .82733
96................................................. .88097 .87582 .87070 .86563 .86060 .85561 .85066 .84575 .84088 .83605
97................................................. .88708 .88216 .87727 .87243 .86762 .86285 .85811 .85341 .84875 .84413
98................................................. .89280 .88810 .88343 .87880 .87420 .86964 .86511 .86061 .85614 .85171
99................................................. .89836 .89388 .88943 .88501 .88062 .87626 .87193 .86763 .86336 .85911
100................................................. .90375 .89948 .89525 .89103 .88685 .88269 .87856 .87445 .87037 .86632
101................................................. .90905 .90500 .90097 .89696 .89298 .88902 .88509 .88118 .87729 .87342
102................................................. .91424 .91040 .90658 .90278 .89900 .89524 .89150 .88778 .88408 .88040
103................................................. .91939 .91575 .91214 .90854 .90496 .90139 .89785 .89432 .89081 .88732
104................................................. .92485 .92144 .91805 .91467 .91131 .90796 .90463 .90131 .89800 .89471
105................................................. .93020 .92701 .92383 .92067 .91751 .91437 .91125 .90813 .90502 .90193
106................................................. .93701 .93411 .93122 .92834 .92546 .92260 .91974 .91689 .91405 .91122
107................................................. .94522 .94268 .94013 .93760 .93507 .93254 .93002 .92750 .92499 .92249
108................................................. .95782 .95583 .95385 .95187 .94989 .94791 .94593 .94396 .94199 .94002
109................................................. .97900 .97800 .97700 .97600 .97500 .97400 .97300 .97200 .97100 .97000
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .02693 .02534 .02395 .02271 .02161 .02063 .01976 .01898 .01828 .01765
1................................................. .01922 .01756 .01610 .01480 .01365 .01263 .01171 .01090 .01017 .00951
2................................................. .01975 .01802 .01650 .01514 .01393 .01286 .01190 .01104 .01028 .00959
3................................................. .02056 .01876 .01717 .01575 .01449 .01336 .01235 .01145 .01064 .00992
4................................................. .02155 .01967 .01800 .01652 .01520 .01401 .01296 .01201 .01116 .01039
5................................................. .02266 .02071 .01896 .01741 .01603 .01479 .01368 .01269 .01179 .01098
6................................................. .02389 .02184 .02003 .01841 .01696 .01566 .01450 .01345 .01251 .01166
7................................................. .02522 .02309 .02120 .01950 .01799 .01663 .01540 .01431 .01332 .01242
8................................................. .02665 .02444 .02246 .02069 .01910 .01768 .01640 .01524 .01420 .01326
9................................................. .02821 .02590 .02384 .02199 .02033 .01884 .01750 .01629 .01520 .01421
10................................................. .02990 .02750 .02535 .02342 .02169 .02013 .01872 .01745 .01631 .01526
11................................................. .03172 .02922 .02698 .02497 .02316 .02153 .02006 .01872 .01752 .01643
12................................................. .03365 .03106 .02872 .02663 .02474 .02303 .02149 .02010 .01884 .01769
13................................................. .03566 .03297 .03054 .02835 .02638 .02460 .02299 .02154 .02021 .01901
14................................................. .03770 .03490 .03237 .03010 .02804 .02619 .02450 .02298 .02159 .02033
15................................................. .03973 .03682 .03419 .03182 .02968 .02775 .02599 .02439 .02294 .02162
16................................................. .04173 .03871 .03598 .03352 .03129 .02926 .02743 .02576 .02424 .02286
17................................................. .04372 .04059 .03775 .03519 .03287 .03076 .02884 .02710 .02551 .02406
18................................................. .04573 .04248 .03953 .03686 .03444 .03224 .03024 .02842 .02676 .02524
19................................................. .04780 .04443 .04137 .03859 .03607 .03378 .03169 .02978 .02804 .02646
20................................................. .04997 .04647 .04329 .04040 .03778 .03539 .03321 .03122 .02940 .02773
21................................................. .05226 .04862 .04532 .04232 .03958 .03709 .03481 .03274 .03083 .02909
22................................................. .05465 .05088 .04745 .04432 .04148 .03888 .03650 .03433 .03234 .03052
23................................................. .05716 .05325 .04969 .04645 .04348 .04077 .03830 .03603 .03394 .03203
24................................................. .05983 .05578 .05208 .04871 .04562 .04280 .04021 .03784 .03566 .03367
25................................................. .06266 .05846 .05463 .05112 .04791 .04497 .04227 .03980 .03752 .03543
26................................................. .06566 .06131 .05734 .05369 .05035 .04729 .04448 .04189 .03951 .03732
27................................................. .06887 .06436 .06024 .05646 .05298 .04979 .04686 .04416 .04168 .03939
28................................................. .07225 .06758 .06331 .05938 .05577 .05245 .04940 .04658 .04398 .04159
29................................................. .07581 .07099 .06656 .06248 .05873 .05528 .05210 .04916 .04645 .04394
30................................................. .07956 .07457 .06998 .06575 .06186 .05827 .05495 .05189 .04906 .04644
31................................................. .08348 .07833 .07358 .06920 .06515 .06142 .05797 .05478 .05182 .04908
32................................................. .08761 .08228 .07736 .07282 .06863 .06475 .06116 .05783 .05475 .05189
33................................................. .09195 .08645 .08136 .07666 .07231 .06828 .06454 .06108 .05786 .05488
34................................................. .09651 .09082 .08557 .08070 .07619 .07200 .06812 .06452 .06117 .05805
35................................................. .10131 .09545 .09002 .08498 .08030 .07596 .07193 .06818 .06469 .06144
36................................................. .10635 .10031 .09470 .08949 .08465 .08015 .07596 .07206 .06842 .06503
37................................................. .11165 .10542 .09963 .09424 .08923 .08457 .08022 .07617 .07238 .06885
38................................................. .11722 .11081 .10484 .09927 .09409 .08926 .08475 .08054 .07661 .07293
39................................................. .12308 .11648 .11032 .10458 .09922 .09422 .08955 .08518 .08109 .07726
40................................................. .12925 .12246 .11612 .11020 .10466 .09949 .09465 .09011 .08587 .08189
41................................................. .13575 .12877 .12225 .11614 .11043 .10508 .10007 .09537 .09097 .08683
[[Page 23204]]
42................................................. .14259 .13542 .12871 .12243 .11654 .11101 .10583 .10097 .09640 .09210
43................................................. .14977 .14242 .13552 .12905 .12298 .11729 .11193 .10690 .10217 .09771
44................................................. .15731 .14976 .14269 .13604 .12979 .12391 .11838 .11318 .10828 .10367
45................................................. .16516 .15743 .15017 .14334 .13691 .13086 .12516 .11979 .11472 .10994
46................................................. .17334 .16544 .15800 .15099 .14438 .13816 .13228 .12674 .12150 .11656
47................................................. .18184 .17375 .16613 .15895 .15217 .14576 .13972 .13400 .12860 .12349
48................................................. .19066 .18240 .17461 .16724 .16029 .15371 .14749 .14161 .13604 .13077
49................................................. .19981 .19138 .18342 .17588 .16875 .16201 .15562 .14956 .14383 .13839
50................................................. .20931 .20072 .19259 .18489 .17759 .17067 .16412 .15790 .15199 .14639
51................................................. .21917 .21042 .20212 .19426 .18679 .17971 .17299 .16660 .16054 .15477
52................................................. .22933 .22043 .21198 .20395 .19633 .18909 .18220 .17566 .16943 .16350
53................................................. .23981 .23076 .22216 .21399 .20621 .19881 .19176 .18506 .17867 .17258
54................................................. .25060 .24141 .23267 .22434 .21642 .20886 .20166 .19480 .18826 .18201
55................................................. .26171 .25239 .24351 .23504 .22697 .21927 .21192 .20491 .19821 .19182
56................................................. .27313 .26369 .25468 .24608 .23787 .23003 .22254 .21538 .20854 .20199
57................................................. .28487 .27531 .26618 .25746 .24912 .24114 .23351 .22621 .21923 .21254
58................................................. .29688 .28722 .27798 .26914 .
This text is long and has been trimmed here. Open the source document for the complete record.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.