BlakeBlake

retires when she turns

$7272.$

She begins receiving a monthly pension of

$ $500$$$500$

from her$$ employer's qualified retirement plan. While$$ employed,

BlakeBlake

contributed

$ $14$ comma $080$$$14,080$

to the plan.

View the anticipated number of payments based on age at retirement.

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Read the requirements.

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Question content area bottom

Part $1$

Requirement a$.$

BlakeBlake

uses the simplified method to compute her exclusion.$$ Why?

The simplified method is used because the annuity is

$$

$$

occuring when Blake is $72$ years old.

paid monthly.

related to her employment.