applicable accumulation test minimum rate

(3) Applicable accumulation test minimum rate For purposes of paragraph (2)(A), the term “applicable accumulation test minimum rate” means the lesser of— (A) an annual effective rate of 4 percent, or (B) the insurance interest rate (as defined in subsection (f)(11)) in effect at the time the contract is issued.

Source

26 USC § 7702(b)(3)

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Scoping language

None identified, default scope is assumed to be the parent (chapter 79) of this section.

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