Today, the IRS released Notice 2016-18, setting the February rates used to determine present value of defined benefit plans for funding purposes as specified under Section 430(h)(2).  The notice also sets forth guidance regarding the corporate bond monthly yield curve and the 24-month average segment rates under Section 430(h)(2).  Additionally, the notice provides guidance for the interest rate on 30-year Treasury securities under Section 417(e)(3)(A)(ii)(II) for plan years beginning before 2008, the 30-year weighted average rate under Section 431(C)(6)(E)(ii)(I), and the minimum present value segment rates under Section 417(e)(3) in effect for plan years beginning after 2007.