21 Alexis is a member of an individual pension plan, which will provide her with...
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Accounting
21 Alexis is a member of an individual pension plan, which will provide her with an annual pension valued at 2% of her career average earnings for each year of service. If the money purchase limit is $26,500 and Alexis earns $170,000, what is her MAXIMUM benefit entitlement related to this year's service? a) $1,420.00 b) $1,722.22 c) 52.944.44 d) $3,400.00
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