Annuity payments and pension plans

Assignment Help Finance Basics

Reference no: EM1329425

Hunter retired last year and will receive annuity payments for life from his employer's qualified pension plan of $30,000 per year starting this year. During his years of employment, Hunter contributed $130,000 to the plan, and the total expected return based on his life expectancy is $200,000. All of the contributions were on a pre-tax basis. This year, Hunter will include what amount in income?

A. $0
B. $10,500
C. $19,500
D. $30,000

Reference no: EM1329425

Questions Cloud

Limitations on right to die : What limitations has the US Supreme Court put on the right to die?

Implement the wal-mart remix system : create a PowerPoint presentation to suppliers on the value of implementing the Wal-Mart Remix system in their own companies

Impact of three leadership styles on staff efficiency : Based on what you now know, write a memo to your manager, describing in detail the impact of the three leadership styles on staff efficiency, employee morale, and quality of care.

Advantages and disadvantages of compilers and interpreters : choose a problematic situation that you think a Java program can solve or make easier.

Annuity payments and pension plans : Hunter retired last year and will receive annuity payments for life from his employer's qualified pension plan of $30,000 per year starting this year.

The joint commission on accreditation : Discuss how the Joint Commission on Accreditation of Healthcare Organizations (JCAHO) standards impact how you develop job descriptions. Provide specific examples to support your response.

Explain industry profile : Explain Industry Profile and what are four significant trends for a new company specializing in wedding planning

Forward and reverse supply chain management : Describe in detail how and why a company should manage both forward and reverse supply chain management. Include what they should focus on to improve their customer service levels.

Illustrate what would be various variations : Illustrate what would be various variations and perspectives from current economic downturns

Reviews

Write a Review

Required(*) Message

Finance Basics Questions & Answers

Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages