You work for the Chicago Public School System. You are computing the cost of saving for retirement
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Question:
d) (5 points) Re-compute the required amount of savings per year using your boss instructions. e) (10 points) Discuss the merits and demerits of:
i) discounting by the return on assets;
ii) investing the plan's assets into stocks;
iii) moving IL teachers into a 401K plan
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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