Bobbi retires when she turns 70. she begins receiving a mont…
Bobbi retires when she turns 70. she begins receiving a monthly pension of $200 from her employer’s qualified retirement plan. While employed, Bobbi contributed $23,520 to the plan. Anticipated Number of Payments Based on Age at Retirement: Age of Primary Annuitant on the Start Date Number of Anticipated Payments 55 and under 360 56-60 310 61-65 260 66-70 210 71 and over 160 Bobbi uses the simplified method to computer her exclusion. Computer her monthly exclusion.
Read Details