IRS Has Published Final Regulations That Revise The Actuarial Tables

The IRS has published the final regulations (T.D. 8886; 65 F.R. 36908-36944 issued June 12, 2000), that revise the actuarial tables for valuing annuities, interests for life or terms of years, and remainder or reversionary interests to take into account the most recent mortality experience available.

The Treasury Regulations (T.D. 8886) adopt, without substantive modifications, the proposed regulations (REG-103851-99) that were published on April 30, 1999. T.D. 8886 applies to annuities, interests for life or terms of years, and remainder or reversionary interests created after April 30, 1999.

CTAC Commentary

The CTAC Planned Giving Calculator, located in the Client Area of our website, already incorporates the new actuarial tables.