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Use the life expectancy table below to answer this question. Greg Brady, age 57, had contributed $31,000 to his employer's pension plan at the time
Use the life expectancy table below to answer this question. Greg Brady, age 57, had contributed $31,000 to his employer's pension plan at the time of his retirement on June 30, Year 1. He receives a monthly pension of $800 that started on January 1, Year 2, and will continue until he dies. The amount of his pension reportable as income in Year 2 is: Age of Annuitant on Start Date / # of Payments 55 and under / 360 56-60 / 310 61-65 / 260 66-70 / 210 71 and over / 160 $8,400 O $9,600 $1,200 O $0
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