IRS Discount Rate Tables from 1989 to 2020
Table of Discount Rates
Prior to May 1989, the discount rate was fixed at 10%. The tables below contain the historic rates of the month starting in January 1989.
These rates are programmed into our PGM Anywhere, Planned Giving Manager, and Gift Annuity Manager software up through the month of the current version's release. PG Calc updates PGM Anywhere with each new rate as soon as it is available. Each time you run Planned Giving Manager or Gift Annuity Manager, the software automatically uploads and stores all new rates that have been released since the last time you ran the software.
When calculating the contribution value of a planned gift made on or after 5/1/89, you may use the discount rate for the month of the gift or for either of the prior two months. The IRS discount rate was fixed at 10.0% for gifts made from 12/1/83 to 4/30/89.
Rates from 2018 - 2024
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
|
January |
2.6 |
3.4 |
2.0 |
|
|
|
|
|
February |
2.8 |
3.2 |
2.2 |
|
|
|
|
|
March |
3.0 |
3.2 |
1.8 |
|
|
|
|
|
April |
3.2 |
3.0 |
1.2 |
|
|
|
|
|
May |
3.2 |
2.8 |
0.8 |
|
|
|
|
|
June |
3.4 |
2.8 |
0.6 |
|
|
|
|
|
July |
3.4 |
2.6 |
0.6 |
|
|
|
|
|
August |
3.4 |
2.2
|
|
|
|
|
|
|
September |
3.4 |
2.2 |
|
|
|
|
|
|
October |
3.4 |
1.8 |
|
|
|
|
|
|
November |
3.6 |
2.0 |
|
|
|
|
|
|
December |
3.6 |
2.0 |
|
|
|
|
|
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Rates from 2010 - 2017
|
|
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
|
January |
3.0 |
2.4 |
1.4 |
1.0 |
2.2 |
2.2 |
2.2 |
2.4 |
|
February |
3.4 |
2.8 |
1.4 |
1.2 |
2.4 |
2.0 |
2.2 |
2.6 |
|
March |
3.2 |
3.0 |
1.4 |
1.4 |
2.2 |
1.8 |
1.8 |
2.4 |
|
April |
3.2 |
3.0 |
1.4 |
1.4 |
2.2 |
2.0 |
1.8 |
2.6 |
|
May |
3.4 |
3.0 |
1.6 |
1.2 |
2.4 |
1.8 |
1.8 |
2.4 |
|
June |
3.2 |
2.8 |
1.2 |
1.2 |
2.2 |
2.0 |
1.8 |
2.4 |
|
July |
2.8 |
2.4 |
1.2 |
1.4 |
2.2 |
2.2 |
1.8 |
2.2 |
|
August |
2.6 |
2.2
|
1.0 |
2.0 |
2.2 |
2.2 |
1.4 |
2.4 |
|
September |
2.4 |
2.0 |
1.0 |
2.0 |
2.2 |
2.2 |
1.4 |
2.4 |
|
October |
2.0 |
1.4 |
1.2 |
2.4 |
2.2 |
2.0 |
1.6 |
2.2 |
|
November |
2.0 |
1.4 |
1.0 |
2.0 |
2.2 |
2.0 |
1.6 |
2.4 |
|
December |
1.8 |
1.6 |
1.2 |
2.0 |
2.0 |
2.0 |
1.8 |
2.6 |
|
|
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
Rates from 2003 - 2009
|
|
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
|
January |
4.2 |
4.2 |
4.6 |
5.4 |
5.6 |
4.4 |
2.4 |
|
February |
4.0 |
4.2 |
4.6 |
5.2 |
5.6 |
4.2 |
2.0 |
|
March |
3.8 |
4.0 |
4.6 |
5.4 |
5.8 |
3.6 |
2.4 |
|
April |
3.6 |
3.8 |
5.0 |
5.6 |
5.6 |
3.4 |
2.6 |
|
May |
3.8 |
3.8 |
5.2 |
5.8 |
5.6 |
3.2 |
2.4 |
|
June |
3.6 |
4.6 |
4.8 |
6.0 |
5.6 |
3.8 |
2.8 |
|
July |
3.0 |
5.0 |
4.6 |
6.0 |
6.0 |
4.2 |
3.4 |
|
August |
3.2 |
4.8 |
4.8 |
6.2 |
6.2 |
4.2 |
3.4 |
|
September |
4.2 |
4.6 |
5.0 |
6.0 |
5.8 |
4.2 |
3.4 |
|
October |
4.4 |
4.4 |
5.0 |
5.8 |
5.2 |
3.8 |
3.2 |
|
November |
4.0 |
4.2 |
5.0 |
5.6 |
5.2 |
3.6 |
3.2 |
|
December |
4.2 |
4.2 |
5.4 |
5.8 |
5.0 |
3.4 |
3.2 |
|
|
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
Rates from 1996 - 2002
|
|
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
|
January |
6.8 |
7.4 |
7.2 |
5.6 |
7.4 |
6.8 |
5.4 |
|
February |
6.8 |
7.6 |
6.8 |
5.6 |
8.0 |
6.2 |
5.6 |
|
March |
6.6 |
7.8 |
6.8 |
5.8 |
8.2 |
6.2 |
5.4 |
|
April |
7.0 |
7.8 |
6.8 |
6.4 |
8.0 |
6.0 |
5.6 |
|
May |
7.6 |
8.2 |
6.8 |
6.2 |
7.8 |
5.8 |
6.0 |
|
June |
8.0 |
8.2 |
7.0 |
6.4 |
8.0 |
6.0 |
5.8 |
|
July |
8.2 |
8.0 |
6.8 |
7.0 |
8.0 |
6.2 |
5.6 |
|
August |
8.2 |
7.6 |
6.8 |
7.2 |
7.6 |
6.0 |
5.2 |
|
September |
8.0 |
7.6 |
6.6 |
7.2 |
7.6 |
5.8 |
4.6 |
|
October |
8.0 |
7.6 |
6.2 |
7.2 |
7.4 |
5.6 |
4.2 |
|
November |
8.0 |
7.4 |
5.4 |
7.4 |
7.2 |
5.0 |
3.6 |
|
December |
7.6 |
7.2 |
5.4 |
7.4 |
7.0 |
4.8 |
4.0 |
|
|
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
Rates from 1989 - 1995
|
|
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
|
January |
10.0 |
9.6 |
9.8 |
8.2 |
7.6 |
6.4 |
9.6 |
|
February |
10.0 |
9.8 |
9.6 |
7.6 |
7.6 |
6.4 |
9.6 |
|
March |
11.2* |
10.2 |
9.4 |
8.0 |
7.0 |
6.4 |
9.4 |
|
April |
11.6* |
10.6 |
9.6 |
8.4 |
6.6 |
7.0 |
8.8 |
|
May |
11.6 |
10.6 |
9.6 |
8.6 |
6.6 |
7.8 |
8.6 |
|
June |
11.2 |
11.0 |
9.6 |
8.4 |
6.4 |
8.4 |
8.2 |
|
July |
10.6 |
10.6 |
9.6 |
8.2 |
6.6 |
8.2 |
7.6 |
|
August |
10.0 |
10.4 |
9.8 |
7.8 |
6.4 |
8.4 |
7.2 |
|
September |
9.6 |
10.2 |
9.6 |
7.2 |
6.4 |
8.4 |
7.6 |
|
October |
10.2 |
10.6 |
9.0 |
7.0 |
6.0 |
8.6 |
7.6 |
|
November |
10.0 |
10.6 |
8.6 |
6.8 |
6.0 |
9.0 |
7.4 |
|
December |
9.8 |
10.2 |
8.6 |
7.4 |
6.2 |
9.4 |
7.2 |
|
|
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
