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Get Notice 2004-32 - Weighted Average Interest Rate Update For April 2004. The Weighted Average
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How to fill out the Notice 2004-32 - Weighted Average Interest Rate Update For April 2004 online
This guide provides clear and concise instructions for filling out the Notice 2004-32, which pertains to the weighted average interest rate update for April 2004. By following these steps, users can ensure accurate completion of the form with ease.
Follow the steps to fill out your Notice 2004-32 form efficiently.
- Press the ‘Get Form’ button to access the form and open it in your preferred editor.
- Review the general information provided on the form, including the interest rates that will be referenced, specifically noting the weighted average interest rates applicable for April 2004.
- Locate the section that requires the interest rate on 30-year Treasury securities. Enter the percentage rate for April 2004, which is set at 5.18% as indicated in the document.
- Determine the permissible range of interest rates for the plan year by calculating 90% to 105% of the given rate. For this notice, the range is 4.67% to 5.44%.
- Once all information is entered and confirmed, review the form for accuracy. Make sure all calculations have been performed correctly before finalizing.
- After completing the form, you have the option to save changes, download it for your records, print a physical copy, or share it as needed.
Complete your Notice 2004-32 form online to stay compliant with the latest interest rate updates.
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Rates increased to an average of 4.17% in 2014 and dropped to an average of 3.85% in 2015 as the market calmed down. Although they were a little higher to end the year, rates in 2016 averaged 3.65%.
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