['To investigate a method for rapid water excitation with minimal radiofrequency power deposition for efficient functional MRI at ultrahigh fields.', 'The suitability of the spectral response of a single rectangular radiofrequency pulse (rect) as a replacement of conventional fat saturation in segmented three-dimensional (3D) echo planar imaging (EPI) is explored. A pulse duration formula for lipid signal nulling independent of the small-tip-angle approximation is derived and tested by means of simulations and experiments at 3 and 7 Tesla (T).', 'Compared with conventional binomial-11 water excitation, the single rect method is more selective and less sensitive to shim imperfections. In functional MRI, a significant measurement speedup (25%) and specific absorption rate reduction (from 44% to 1% at 7T) compared with conventional fat saturation are achieved. Furthermore, magnetization transfer effects are reduced resulting in up to 25% higher brain tissue signal-to-noise ratio.'] Do rapid fat suppression for three-dimensional echo planar imaging with minimized specific absorption rate?