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Alicia has been working for JMM Corp for 33 years. Alicia participates in JMM's defined benefit plan Under the plan, for every year of service

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Alicia has been working for JMM Corp for 33 years. Alicia participates in JMM's defined benefit plan Under the plan, for every year of service for JMM she is to receive 2 percent of the average salary of her three highest years of compensation from JMM. She retred on January 1, 2018. Before retirement, her annual salary was $621,000, $651,000, and $681.000 for 2015, 2016, and 2017 Whet is the maximum benefit Alicia can receive in 20187 Prev 1 of 25E Next 3 6 2 Required information The folowing information applies to the questions displayed below) Tim has worked for one employer his entire career. While he was working, he participated in the employer's defined contribution plan [traditional 4010) At the end of 2018, Tim retires. The balance in his defined contribution plan is $2,000,000 at the end of 2017. (Use Exhibit 13-3) Leave no answer blank. Enter zero if applicable.) a. What is Tim's minimum required distribution for 2018 in 2019 ifhe is 68 years old at the end of 2018 prev 2

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