Federal Interest Rates for March 2021

Applicable Federal Interest Rates for March, 2021 Follow:

Short-term rate (0 up to 3 years):                   0.11%

Mid-term rate   (3 up to 9 years):                    0.62%

Long-term rate  (9 years and longer)              1.60% if interest is paid monthly;  1.61% if interest is paid quarterly;  and 1.62% if interest is paid annually

The IRC 7520 rate that is used to value life estates and retained interests, e.g. GRATs, QPRTs, and CRUTs:      0.8%