Jamba decides to retire and take his pension plan benefits. He sees on the payout schedule that he is scheduled to receive $5,000 per month. His first check arrives...it totals $3,500 (gross).  Jamba is wondering what happened. What is one plausible explanation?

Group of answer choices

Jamba's gross income was reduced because he doesn't really need that much money.

Hi employer decided to withhold money to contribute to his pension plan.

His employer forgot what the original payout schedule had on it...so they just made up a number.

His employer is paying him the difference between the $5,000 projection and his estimated social security benefits of $1,500 per month.