Federal rates; adjusted federal rates; adjusted federal long-term rate and the long-term exempt rate. For purposes of sections 382, 642, 1274, 1288, and other sections of the Code, tables set forth the rates for May 2007.

This announcement provides that for purposes of the Archer Medical Savings Account (Archer MSA) pilot program under section 220(j)(2) of the Code, 2005 and 2006 are not cut-off years.