Question: X Canvas EXC [Fact Pattern #1] The next column contains a simplified annuity table for employee annuity contracts that start after November 18, 1996. Age
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X Canvas EXC [Fact Pattern #1] The next column contains a simplified annuity table for employee annuity contracts that start after November 18, 1996. Age of Primary Annuitant on Number of the Annuity Starting Date Anticipated Payments 55 and under 56-60 61-65 66-70 360 310 260 210 160 71 and over (Refers to Fact Pattern 1 ) Mr. Kitten, age 72, will be receiving an annuity through his employer. His contribution to the annuity is $80,000. He is to receive $1,500 per month starting April 1 of the current year and continuing for life. Mr. Kitten's reportable annuity income for the current year is $4.500 $9.000 $12.000 $13,500 X Canvas EXC [Fact Pattern #1] The next column contains a simplified annuity table for employee annuity contracts that start after November 18, 1996. Age of Primary Annuitant on Number of the Annuity Starting Date Anticipated Payments 55 and under 56-60 61-65 66-70 360 310 260 210 160 71 and over (Refers to Fact Pattern 1 ) Mr. Kitten, age 72, will be receiving an annuity through his employer. His contribution to the annuity is $80,000. He is to receive $1,500 per month starting April 1 of the current year and continuing for life. Mr. Kitten's reportable annuity income for the current year is $4.500 $9.000 $12.000 $13,500
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