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Evan participates in his corporate employer's qualified defined benefits plan and will be entitled to receive an annual pension ur retirement in five years. Required:
Evan participates in his corporate employer's qualified defined benefits plan and will be entitled to receive an annual pension ur retirement in five years. Required: a. What is the maximum contribution that the employer can make to the plan on Evan's behalf assuming that his average compensation for the three highest compensation years is $145,000 ? b. What is the maximum contribution that the employer can make to the plan on Evan's behalf assuming that his average compensation for the three highest compensation years is $250,000 ? Complete this question by entering your answers in the tabs below. What is the maximum contribution that the employer can make to the plan on Evan's behalf assuming that his average compensation for the three highest compensation years is $250,000
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