[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