November 2020 AFR and IRC 7520 Rates

The applicable federal rates of interest for November, 2020 were published today.

Short-Term AFR Rate (less than 3 years duration):         0.13%

Mid-Term AFR Rate (between 3 and 9 years duration): 0.39%

Long-term AFR Rate (longer than 8 years duration):      1.17%

IRC 7520 Rate (used to value life estates, and other retained interests, e.g. GRATs, QPRTs, CRATs,  etc): 0.40%