[Federal Register: December 10, 2002 (Volume 67, Number 237)]
[CORRECTIONS]
[Page 75899]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr10de02-70]
[[Page 75899]]
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-124667-02]
RIN 1545-BA78
Disclosure of Relative Values of Optional Forms of Benefit
Correction
In proposed rule document 02-25338 beginning on page 62417 in the
issue of Monday, October 7, 2002, make the following correction:
Sec. 1.417(a)(3)-1 [Corrected]
On page 62425, in Sec. 1.417(a)(3)-1, the table is being
republished in its entirety.
Age 55 Commencement
------------------------------------------------------------------------
Amount of
distribution per
Optional form $1,000 of immediate Relative value
single life annuity
------------------------------------------------------------------------
Life Annuity............ $1,000 per month.... Approximately the
same value as the
OJSA.
QJSA (joint and 75% $956 per month...... n/a.
survivor annuity).
Joint and 100% survivor $886 per month...... Approximately the
annuity. same value as the
QJSA.
Lump sum................ $165,959............ Approximately the
same value as the
QJSA.
------------------------------------------------------------------------
Age 60 Commencement
------------------------------------------------------------------------
Amount of
distribution per
Optional form $1,000 of immediate Relative value
single life annuity
------------------------------------------------------------------------
Life Annuity............ $1,000 per month.... Approximately 94% of
the value of the
QJSA.
QJSA (joint and 75% $945 per month...... n/a.
survivor annuity).
Joint and 100% survivor $859 per month...... Approximately 94% of
annuity. the value of the
QJSA.
Lump sum................ $151,691............ Approximately the
same value as the
QJSA.
------------------------------------------------------------------------
Age 65 Commencement
------------------------------------------------------------------------
Amount of
distribution per
Optional form $1,000 of immediate Relative value
single life annuity
------------------------------------------------------------------------
Life Annuity............ $1,000 per month.... Approximately 93% of
the value of the
QJSA.
QJSA (joint and 75% $932 per month...... n/a.
survivor annuity).
Joint and 100% survivor $828 per month...... Approximately 93% of
annuity. the value of the
QJSA.
Lump sum................ $135,759............ Approximately 93% of
the value of the
QJSA.
------------------------------------------------------------------------
[FR Doc. C2-25338 Filed 12-9-02; 8:45 am]
BILLING CODE 1505-01-D