October 7520 Rate Drops to 2.0%; Ties Lowest Rate in History | Planned Giving Design Center

October 7520 Rate Drops to 2.0%; Ties Lowest Rate in History | Planned Giving Design Center: "For purposes of determining the present value of an annuity, an interest for life or a term of years, or a remainder or a reversionary interest, Revenue Ruling 2010-24 indicates the applicable federal rate under section 7520 for October 2010 is 2.0%; down 0.4% from the September rate of 2.4% and down 0.6% from the August rate of 2.6%."