Can someone please solve #2 for me with work thanks!

suMMARY: Another important retirement decision is the distribution or pa sion, which receive, how is whether against affects how much you your retirement funds, and other inflation, whether you might outlive choices your p as a important concerns, basic distributio payments, or as some comb lump sum, in the form of an annuity or lifetime tion of the two KEY TERMS de to your beneficiary until the end Single Life Annuity, page An annuity in which you receive a set monthly payment for period. Joint and 52 annuity that provides payments over th your entire life Annuity for Life or a "Certain Period," page 522 A single life annuity that allows you to of both you and your spouse. receive your payments for a fixed period of Lump-sum option, page 523 A time. Payments will be made to you for the arrangement in which you receive all remainder of your life, but if you die before benefits in one single payment. the end of the time period (generally either 10 or 20 years), payments will continue to be 5 Put together a retirement plan and effectively monitor it. SUMMARY: You must monitor your progress toward your retirement goal, both bef occur and after you retire, constantly allowing for new and unexpected changes that in your financial and personal life. Problems and Activities These problems are available in MyFinanceLab 1. Jazmin earned $51,250 this year. Calculate her total FICA contribution for the year. How much did her employer pay toward FICA? 2. Grady Zebrowski, age 25, just graduated from college, accepted his first job with a $50,000 salary, and is already looking forward to retirement in 40 years. He as sumes a 3.5 percent inflation rate and plans to live in retirement for 20 years. He does not want to plan on any Social Security benefits. Assume Grady can earn an