August 7520 Rate Falls to 2.2% | Planned Giving Design Center

August 7520 Rate Falls to 2.2% | 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 2011-16 indicates the applicable federal rate under section 7520 for August 2011 is 2.2%; down 0.2% from the July rate of 2.4% and down 0.6% from the June rate of 2.8%."