Can anybody solve this Question?? it’s so hard~?

Pension funds Sharb Digit Pty Ltd wishes to accumulate funds to provide a retirement pension funds annuity for its Director of Marketing, Penny Peters. Penny, by contract, will retire at the end of exactly 10 years. On retirement, she is entitled to receive an annual end-of-year payment of $35,000 for exactly 20 years. If she…

Read More

Understanding Defined Benefit Retirement Plans

Defined Benefit Retirement Plans A list of defined benefit retirement plans should begin with the definition of the defined benefit retirement plans available. A defined benefit retirement plan is a form of employer sponsored retirement plan. Inside defined benefit retirement plans, benefits are based on an equation that points to the exact quantity an employee…

Read More