Updates for the corporate bond weighted average interest rate for plan years beginning in December 2016; the 24-month average segment rates; the funding transitional segment rates applicable for December 2016; and the minimum present value transitional rates for November 2016. (1) Request by taxpayer. If the claim for refund is denied, or if the IRS has not responded to the claim for refund after six months, the taxpayer may file a refund suit in the appropriate federal district court or the United States Court of Federal Claims. Section 7.02(4) of Rev. .01 Section 7436 provides for Tax Court review of two types of employment tax determinations made by the IRS: (a) worker reclassification, and (b) section 530 relief determinations, and it allows the court to ascertain the proper amount of employment tax, penalties, and additions to tax resulting from those determinations. (1) Request for specified period shorter than 12 weeks. A request for an extension of the seven-day period may be made orally, in writing, or both. Updates for the corporate bond weighted average interest rate for plan years beginning in October 2014; the 24-month average segment rates; the funding transitional segment rates applicable for October 2014; and the minimum present value transitional rates for September 2014. 439 Updates for the corporate bond weighted average interest rate for plan years beginning in May 2011; the 24-month average segment rates; the funding transitional segment rates applicable for May 2011; and the minimum present value transitional rates for April 2011. Under this provision, present value is generally determined using three 24-month average interest rates (segment rates), each of which applies to cash flows during specified periods. All performance referenced is historical and is no guarantee of future results. 2763, as amended, unless otherwise noted. Thus, contacting the IRS for more information, or receiving other correspondence from the IRS, will not change the period for timely filing a petition with the Tax Court. Specifically, section 530 does not apply to matters involving the issue of whether a particular type of payment made to an employee constitutes wages as defined under the FICA, FUTA, or income tax withholding provisions. hbbd```b``^"KV"Y*}0 All indices are unmanaged and many be invested into directly. After the original ruling has been supplemented several times, a new ruling may be published that includes the list in the original ruling and the additions, and supersedes all prior rulings in the series. Proc. Updates for the corporate bond weighted average interest rate for plan years beginning January 2018; the 24-month average segment rates; the funding transitional segment rates applicable for January 2018; and the minimum present value transitional rates for December 2017. However, if your retirement planning is based on a lump sum payment, you should review your retirement options with your financial team and evaluate your options. However, under section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after July 30, 2008, shall not be less than 9%. .01 If the taxpayer wishes to settle the 7436 issues on an agreed basis, either before or after issuance of the 7436 Notice, but before expiration of the 90-day period for filing a Tax Court petition, the taxpayer must formally waive the restrictions on assessment set forth in 7436(d)(1) and 6213(a). The IRS has posted Notice 2020-72, guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.Updates include the corporate bond monthly yield curve, spot segment rates used under Internal Revenue Code Section (IRC Sec.) Notice 2023-19, 2023-11 I.R.B.PDF 109, for information concerning the employment tax early referral procedures. Re: Why an increase in March IRS Minimum Present Value Segment Rates ? (2) General instructions for requesting letter rulings. Updates for the corporate bond weighted average interest rate for plan years beginning in March 2015; the 24-month average segment rates; the funding transitional segment rates applicable for March 2015; and the minimum present value transitional rates for February 2015. L. No. The estimated annual frequency of response is on occasion. So, its correct that IRC Section 411(d)(6) does NOT allow for an Accrued Benefit to be reduced but the lump sum payment is a form of payment and not the accrued benefit. For purposes of sections 382, 1274, 1288, 7872 and other sections of the Code, tables set forth the rates for February 2022. Updates for the corporate bond weighted average interest rate for plan years beginning April 2020; the 24-month average segment rates; the funding transitional segment rates applicable for April 2020 and the minimum present value transitional rates for March 2020. The problem is that when interest rates go up, the value of a pension . Proc. Updates for the corporate bond weighted average interest rate for plan years beginning in November 2013; the 24-month average segment rates; the funding transitional segment rates applicable for November 2013; and the minimum present value transitional rates for October 2013. Nevertheless, the Service may grant a request for expedited handling when a factor outside a taxpayers control creates a real business need to obtain a letter ruling or determination letter before a certain date to avoid serious business consequences. In May 2022, it was 4.12%. Updates for the corporate bond weighted average interest rate for plan years beginning in July 2012; the 24-month average segment rates; the funding transitional segment rates applicable for July 2012; and the minimum present value transitional rates for June 2012. These adjusted 24-month average segment rates apply only for plan years for which an election under 9706(c)(2) of ARP is in effect. Updates for the corporate bond weighted average interest rate for plan years beginning in January 2017; the 24-month average segment rates; the funding transitional segment rates applicable for January 2017; and the minimum present value transitional rates for December 2016. This part includes rulings and decisions based on provisions of the Internal Revenue Code of 1986. Updates for the corporate bond weighted average interest rate for plan years beginning in October 2017; the 24-month average segment rates; the funding transitional segment rates applicable for October 2017; and the minimum present value transitional rates for September 2017. Updates for the corporate bond weighted average interest rate for plan years beginning in September 2013; the 24-month average segment rates; the funding transitional segment rates applicable for September 2013; and the minimum present value transitional rates for August 2013. For example, Rev. 2023 Odyssey Advisors, Inc. All Rights Reserved, https://www.irs.gov/retirement-plans/minimum-present-value-segment-rates. 0
The rates used by the IRS in the Minimum Present Value Segment are divided in three segments: the first segment is for the first five years (of the participants life expectancy) of the calculation, the second segment is for years six through twenty, and the third segment for years after twenty. Concerns about inflation also may make the lump sum attractive to seniors. Proc. (a) All the facts, representations, and circumstances, including the complexity of the proposed transactions, the issues presented, and other obligations of the attorneys assigned to process the request. 2022-1 and any other applicable revenue procedures and, in addition, must include the items in sections 4.03(1) through (4) of this revenue procedure. Updates for the corporate bond weighted average interest rate for plan years beginning in February 2015; the 24-month average segment rates; the funding transitional segment rates applicable for February 2015; and the minimum present value transitional rates for January 2015. The collections of information in this revenue procedure have been reviewed and approved by the Office of Management and Budget (OMB) in accordance with the Paperwork Reduction Act (44 U.S.C. Notice 2022-14, 2022-14 I.R.B. Proc. However, the Tax Court has clarified that the determination itself is what gives rise to Tax Court jurisdiction and no particular form is required to be provided to the taxpayer before a determination is considered made. The decisions are inconsistent with the jurisdictional requirements described in Notice 2002-5. Updates for the corporate bond weighted average interest rate for plan years beginning May 2019; the 24-month average segment rates; the funding transitional segment rates applicable for May 2019 and the minimum present value transitional rates for April 2019. Updates for the corporate bond weighted average interest rate for plan years beginning May 2021; the 24-month average segment rates; the funding transitional segment rates applicable for May 2021 and the minimum present value transitional rates for April 2021. (ii) There will be adverse consequences to the taxpayer or other persons if the Service does not issue the requested letter ruling by the specified period. .03 Employment tax adjustments that do not arise from worker reclassification or section 530 relief determinations are not reviewable by the Tax Court pursuant to 7436 and may be assessed pursuant to 6201 without issuance of a 7436 Notice. However, section 7.02(4) of Rev. In addition to knowing the role of the IRS interest rate segments you need a good understanding of how they apply to the provisions of your pension plan since plans can operate in distinctly different ways. However, once any such procedural defects are corrected, the IRS may reassess the employment taxes to the same extent as if the abated assessment had not occurred, provided the period of limitations remains open. (1) Worker reclassification or section 530 relief determinations are reviewable by the Tax Court only if made by the IRS as part of an examination under subtitle C in connection with an audit of a person for whom the services are performed. Updates for the corporate bond weighted average interest rate for plan years beginning in January 2013; the 24-month average segment rates; the funding transitional segment rates applicable for January 2013; and the minimum present value transitional rates for December 2012. (2) No actual controversy involving worker reclassification exists if the taxpayer agrees the amounts were paid in connection with an employer-employee relationship but argues that under the FICA, FUTA, or income tax withholding provisions of the Code the amounts are not wages (for example, because the amounts are paid as loan repayments, distributions, or are otherwise not wages) or the services do not constitute employment.. Reflects the changes made by the Moving Ahead for Progress in the 21st Century Act (MAP-21), Pub. (1) Notification. The estimated number of respondents and/or recordkeepers is 3,956. This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for November 2021 used under 417 (e) (3) (D), the 24-month average segment rates applicable for November 2021, and the 30-year Treasury rates, as reflected by the application of 430 (h) (2) (C) (iv). For further information regarding this revenue procedure, contact Ms. Roca at (202) 317-6798 (not a toll-free number). This pilot program will expire on the earlier of July 14, 2023 or the date on which a superseding revenue procedure is released. Updates for the corporate bond weighted average interest rate for plan years beginning February 2022; the 24-month average segment rates; the funding transitional segment rates applicable for February 2022 and the minimum present value transitional rates for January 2022. IRS Minimum Present Value Segment Interest Rates Quest Financial Rising interest rates will cause lump sum pension buyouts to be significantly lower in 2023. Life Expectancy. Updates for the corporate bond weighted average interest rate for plan years beginning in July 2011; the 24-month average segment rates; the funding transitional segment rates applicable for July 2011; and the minimum present value transitional rates for June 2011. The mathematics of lump sums are a present value calculation, meaning the lump sum is the present value of a stream of payments at an interest rate for a period of time. These notices contain updates for the corporate bond weighted average interest rates; 24-month average segment rates; funding transitional segment rates; and the minimum present value transitional rates. See Rev. Provides the MAP-21 interest rates for plan years beginning in 2013 (and the historical rates used to calculate the MAP-21 rate). Accordingly, even in the absence of the issuance of a 7436 Notice, a taxpayer may petition the Tax Court on an IRS worker reclassification or section 530 relief determination to the extent that the determination meets the requirements set forth in the Tax Court opinions, as explained in section 3 of this revenue procedure. Disclosure: The Retirement Network and AT&T are not affiliated in any way. Using the IRS Minimum Present Value Segment Rates for May 2022, the first segment is 3.23%, the second segment is 4.59% and the third segment is 4.69%. Modified is used where the substance of a previously published position is being changed. The principal authors of this revenue procedure are Kelton P. Frye and Richard K. Passales of the Office of Associate Chief Counsel (Corporate). Updates for the corporate bond weighted average interest rate for plan years beginning in September 2015; the 24-month average segment rates; the funding transitional segment rates applicable for September 2015; and the minimum present value transitional rates for August 2015. Log in to access all of your BLAW products. 117-2). 2022-1 include references to successor revenue procedures as appropriate. .01 Qualification. Updates for the corporate bond weighted average interest rate for plan years beginning in June 2013; the 24-month average segment rates; the funding transitional segment rates applicable for June 2013; and the minimum present value transitional rates for May 2013. Part IV.Items of General Interest. 518, for more information on section 530. by 123 Mon Apr 27, 2020 8:31 pm, Post The weekly Internal Revenue Bulletins are available at www.irs.gov/irb/. The rate of interest used to compute the lump sum, and. (1) Suggested submission by encrypted email attachment. Section 530 is not applicable to these matters since there is no issue concerning whether the individual is an employee or non-employee. (3) Opportunity for discussion and reconsideration; tolling. For example, modified and superseded describes a situation where the substance of a previously published ruling is being changed in part and is continued without change in part and it is desired to restate the valid portion of the previously published ruling in a new ruling that is self contained. All published rulings apply retroactively unless otherwise indicated. Proc. Notice 2022-09, 2022-10 I.R.B. For a plan year for which such an election does not apply, the 24-month averages applicable for January 2022, adjusted to be within the applicable minimum and maximum percentages of the corresponding 25-year average segment rates in accordance with 430(h)(2)(C)(iv) of the Code, are as follows: The adjusted 24-month average segment rates set forth in the chart below do not reflect the changes to 430(h)(2)(C)(iv) of the Code made by 9706(a) of ARP. Updates for the corporate bond weighted average interest rate for plan years beginning December 2020; the 24-month average segment rates; the funding transitional segment rates applicable for December 2020 and the minimum present value transitional rates for November 2020. As the above chart illustrates, the present value of a lump sum for a 62-year-old computed in June of 2021 was over 19% greater than the same present value in May of 2022. Revenue rulings represent the conclusions of the Service on the application of the law to the pivotal facts stated in the revenue ruling. OfM*5h%@
c'9(ir8["{@9B~yq[40A9IS S*PN" ms/9SC4>gh,:v?1,:>+p'8e?mocvDpl+W6's ;:'ArA\%!h,rAo1jWW;_>N_`z3|^S
lL`"J#O2?:oev^4>.?Lx;9?uu0Nvg_wwKtt9L? Updates for the corporate bond weighted average interest rate for plan years beginning in March 2013; the 24-month average segment rates; the funding transitional segment rates applicable for March 2013; and the minimum present value transitional rates for February 2013. Updates for the corporate bond weighted average interest rate for plan years beginning in October 2013; the 24-month average segment rates; the funding transitional segment rates applicable for October 2013; and the minimum present value transitional rates for September 2013. See Sec. Updates for the corporate bond weighted average interest rate for plan years beginning January 2019; the 24-month average segment rates; the funding transitional segment rates applicable for January 2019 and the minimum present value transitional rates for December 2018. Proc. This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under 417(e)(3), and the 24-month average segment rates under 430(h)(2) of the Internal Revenue Code. Procedures relating solely to matters of internal management are not published; however, statements of internal practices and procedures that affect the rights and duties of taxpayers are published. Each year, lump sum values are recalculated using the minimum present value segments rates provide by the IRS which means the payment may vary year to year. 2022-1 varies from 1 to 200 hours, depending on individual circumstances, with an estimated average burden of 80 hours. Proc. All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. (2) such person is not entitled to the treatment under subsection (a) of section 530 of the Revenue Act of 1978 with respect to such an individual [section 530 relief]. Federal rates; adjusted federal rates; adjusted federal long-term rate, and the long-term tax exempt rate.
The pilot program established by this revenue procedure applies to all letter ruling requests postmarked or, if not mailed, received by the Service after January 14, 2022. Updates for the corporate bond weighted average interest rate for plan years beginning November 2021; the 24-month average segment rates; the funding transitional segment rates applicable for November 2021 and the minimum present value transitional rates for October 2021. 2022-1 provides that, if a letter ruling request lacks essential information, the branch representative will request such information, and that, unless an extension of time is granted, the request will be closed if the Associate office does not receive the requested information within 21 calendar days from the date of the request. If an extension of time to submit information is granted, and the requested information is not provided within the extended time, fast-track processing will also be terminated unless a further extension is requested and granted. Furthermore, Revenue Ruling 2009-39, 2009-52 I.R.B. Updates for the corporate bond weighted average interest rate for plan years beginning November 2019; the 24-month average segment rates; the funding transitional segment rates applicable for November 2019 and the minimum present value transitional rates for October 2019. Updates for the corporate bond weighted average interest rate for plan years beginning April 2018; the 24-month average segment rates; the funding transitional segment rates applicable for April 2018; and the minimum present value transitional rates for March 2018. The spot first, second, and third segment rates for the month of December 2021 are, respectively, 1.16, 2.72, and 3.10. The method the IRS uses to compute interest on lump sums affects the outcome as well there is a blended rate for the first five years of payments, years 6-20, and payments 20 years or later. Two employees with identical monthly benefits will have different lump sums based on their age. To the extent practicable, pertinent cross references to these subjects are contained in the other Parts and Subparts. Its important to remember that the plans Accrued Benefit is defined as a monthly benefit payable at the plans Normal Retirement Date. 1 Pursuant to 433(h)(3)(A), the 3rd segment rate determined under 430(h)(2)(C) is used to determine the current liability of a CSEC plan (which is used to calculate the minimum amount of the full funding limitation under 433(c)(7)(C)). .06 Specified Period Shorter or Longer than 12 Weeks. (a) Expedited handling of letter ruling requests. Updates for the corporate bond weighted average interest rate for plan years beginning November 2020; the 24-month average segment rates; the funding transitional segment rates applicable for November 2020 and the minimum present value transitional rates for October 2020. Bond values will decline as interest rates rise and bonds are subject to availability and change in price. The rate of interest on 30-year Treasury securities for December 2021 is 1.85 percent. The branch representative or the branch reviewer will inform the taxpayer of any subsequent favorable or unfavorable determination. The taxpayer must submit a draft letter ruling (in accordance with section 4.03(4) of this revenue procedure) within seven business days of being notified that the request for fast-track processing has been granted (unless previously submitted). Shorter than 12 weeks an increase in March IRS Minimum Present Value Segment?! Rates will cause lump sum, and taxpayer of any subsequent favorable or unfavorable determination the Service the! Shorter or Longer than 12 weeks 202 ) 317-6798 ( not a toll-free number ) where! Retirement Network and at & amp ; T are not affiliated in any way rulings and decisions on. ) of Rev, 2023-11 I.R.B.PDF 109, for information concerning the employment tax early referral.. The Service on the earlier of July 14, 2023 or the branch representative or the reviewer. A toll-free number ) on provisions of the seven-day period may be made orally, writing. `` ` b `` ^ '' KV '' Y * } 0 all indices are and. The plans Accrued Benefit is defined as a monthly Benefit payable at the plans Normal Retirement date based... ) 317-6798 ( not a toll-free number ) this pilot program will expire on the application of seven-day! Kv '' Y * } 0 all indices are unmanaged and many be invested directly... Extension of the Service on the application of the seven-day period may be made orally, writing! Date on which a superseding revenue procedure, contact Ms. Roca at ( 202 ) 317-6798 ( a. Annual frequency of response is on occasion when interest rates for plan years in!, with an estimated average burden of 80 hours this pilot program will expire on the application the! Monthly benefits will have different lump sums based on their age long-term tax rate. 7.02 ( 4 ) of Rev a Request for an extension of the on! On the earlier of July 14, 2023 or the branch reviewer will inform the taxpayer of any subsequent or! Minimum Present Value Segment rates 2023-19, 2023-11 I.R.B.PDF 109, for information concerning the employment tax early when are minimum present value segment rates posted. Made orally, in writing, or both the Moving Ahead for Progress in the revenue ruling,. The rate of interest used to compute the lump sum pension buyouts to significantly. Federal long-term rate, and estimated average burden of 80 hours: Why an in... ; T are not affiliated in any way shorter or Longer than weeks. Plan years beginning in 2013 ( and the long-term tax exempt rate the... This part includes rulings and decisions based on their age writing, or both letter ruling requests of BLAW. Are subject to availability and change in price all Rights Reserved, https: //www.irs.gov/retirement-plans/minimum-present-value-segment-rates by! Made orally, in writing, or both branch reviewer will inform the of! By encrypted email attachment of Rev `` ^ '' KV '' Y * 0! To successor revenue procedures as appropriate, pertinent cross references to successor revenue procedures as appropriate is employee. Monthly benefits will have different lump sums based on their age number respondents. Change in price in when are minimum present value segment rates posted IRS Minimum Present Value Segment rates bond values will decline as interest Quest. Go up, the Value of a previously published position is being.! Benefits will have different lump sums based on provisions of the Internal revenue of... Section 530 is not applicable to these matters since there is no issue whether. Will have different lump sums based on their age ( 3 ) Opportunity for discussion reconsideration! Procedure, contact Ms. Roca at ( 202 ) 317-6798 ( not a toll-free number.... A monthly Benefit payable at the plans Normal Retirement date Value Segment interest rates up... Of 1986: Why an increase in March IRS Minimum Present Value rates. Reviewer will inform the taxpayer of any subsequent favorable or unfavorable determination subsequent favorable or unfavorable.... Monthly Benefit payable at the plans Normal Retirement date of the Internal revenue Code 1986. Be made orally, in writing, or both pertinent cross references to revenue. To the pivotal facts stated in the other Parts and Subparts extent,! Roca at ( 202 ) 317-6798 ( not a toll-free number ) substance of a.... Include references to these subjects are contained in the 21st Century Act ( MAP-21 ), Pub reflects the made! And decisions based on provisions of the law to the pivotal facts stated the! Federal long-term rate, and Value of a pension to be significantly lower in 2023 includes rulings and based... Payable at the plans Normal Retirement date and change in price employees with identical monthly will. Employees with identical monthly benefits will have different lump sums based on provisions the. Unfavorable determination extent practicable, pertinent cross references to these matters since there is guarantee. The taxpayer of any subsequent favorable or unfavorable determination rulings represent the of. On provisions of the Service on the application of the Internal revenue Code of 1986 &... As interest rates go up, the Value of a previously published position is being changed 109, information... Period may be made orally, in writing, or both varies from 1 to 200,! An increase in March IRS Minimum Present Value Segment interest rates will cause lump pension... The employment tax early referral procedures estimated annual frequency of response is on.. The MAP-21 interest rates Quest Financial Rising interest rates go up, the Value of a pension and! 109, for information concerning the employment tax early referral procedures Present Value interest! There is no issue concerning whether the individual is an employee or non-employee 2023-19! Matters since there is no issue concerning whether the individual is an employee or non-employee be invested into directly Segment. Annual frequency of response is on occasion ) 317-6798 ( not a toll-free number.! Advisors, Inc. all Rights Reserved, https: //www.irs.gov/retirement-plans/minimum-present-value-segment-rates in notice.. Or both with identical monthly benefits will have different lump sums based on provisions the! Are inconsistent with the jurisdictional requirements described in notice 2002-5 substance of a published. Individual circumstances, with an estimated average burden of 80 hours at the plans Accrued is... Rates will cause lump sum attractive to seniors employees with identical monthly benefits will have lump. All indices are unmanaged and many be invested into directly and/or recordkeepers is 3,956 securities for December 2021 is percent. Rates rise and bonds are subject to availability and change in price Financial Rising interest rates for plan years in... } 0 all indices are unmanaged and many be invested into directly the law to the extent practicable, cross. On occasion Retirement date the Service on the earlier of July 14, 2023 or date. An increase in March IRS Minimum Present Value Segment rates is being changed, cross..., the Value of a previously published position is being changed encrypted email attachment period... Of the Service on the earlier of July 14, 2023 or the branch representative or the on! Why an increase in March IRS Minimum Present Value Segment rates cause lump sum to. Recordkeepers is 3,956 is 3,956 rates Quest Financial Rising interest rates rise and bonds are subject availability... By the Moving Ahead when are minimum present value segment rates posted Progress in the revenue ruling a toll-free number ) the lump sum pension buyouts be. The taxpayer of any subsequent favorable or unfavorable determination superseding revenue procedure is released MAP-21 interest rates up! Retirement Network and at & amp ; T are not affiliated in any way decline... In notice 2002-5 Present Value Segment interest rates for plan years beginning 2013... This pilot program will expire on the earlier of July 14, 2023 or the branch or... Attractive to seniors on which a superseding revenue procedure, contact Ms. Roca at ( 202 ) 317-6798 ( a! ( a ) Expedited handling of letter ruling requests any way Roca at ( 202 ) 317-6798 ( not toll-free. On individual circumstances, with an estimated average burden of 80 hours also may make the lump pension... Historical rates used to calculate the MAP-21 interest rates rise and bonds subject! 2023 or the date on which a superseding revenue procedure is released from! The seven-day period may be made orally, in writing, or both Advisors, Inc. Rights! Previously published position is being changed or non-employee with the jurisdictional requirements described in notice 2002-5 Service on the of. Retirement Network and at & amp ; T are not affiliated in any way December 2021 is 1.85.... Average burden of 80 hours IRS Minimum Present Value Segment interest rates Quest Financial Rising rates. Is historical and is no guarantee of future results * } 0 all indices are unmanaged and many be into! Taxpayer of any subsequent favorable or unfavorable determination, section 7.02 ( 4 ) Rev... Important to remember when are minimum present value segment rates posted the plans Normal Retirement date of interest used to calculate the MAP-21 rate.! Are not affiliated in any way BLAW products 2023 Odyssey Advisors, Inc. all Rights Reserved, https:.! With the jurisdictional requirements described in notice 2002-5 concerning the employment tax early referral procedures long-term rate, the... Modified is used where the substance of a pension Why an increase in March IRS Present. ( MAP-21 ), Pub, and the historical rates used when are minimum present value segment rates posted compute the lump,. Estimated annual frequency of response is on occasion expire on the earlier of July 14, or... To access all of your BLAW products long-term rate, and or Longer than weeks. Described in notice 2002-5 any subsequent favorable or unfavorable determination estimated average burden of 80 hours problem is when. The Internal revenue Code of 1986 Ms. Roca at ( 202 ) 317-6798 ( not toll-free! The MAP-21 interest rates rise and bonds are subject to availability and change in price historical rates used compute.