Question: For tax years beginning in 2017, the maximum benefit payable at retirement under a defined benefit plan is generally the lesser of $215,000 or compensation.

For tax years beginning in 2017, the maximum benefit payable at retirement under a defined benefit plan is generally the lesser of $215,000 or compensation. of the participant's compensation for his or her three high years of A. 25% C. 75% %0OL a O

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