Question: Orake has worked for GT for the last 2 0 years and been a particlpant in is defined benefit plan GT typically contributes $ 8

Orake has worked for GT for the last 20 years and been a particlpant in is defined benefit plan GT typically contributes $800.000 to the plin each year, and Drate expects so receive $1,000 per monch in retirement benefiss from the plan. GT would like to purchase life insurance on Drabe within the defined benelit plan. What is the maximum amount of divid benefiteders purchased for Drake within the plan?
50. the housnet emone be purchased in a defined benefis plan.
$100,000.
$200,000.
$1,200,000.
Orake has worked for GT for the last 2 0 years

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