The EPBO for Branch Industries at the end of 2016 was determined by the actuary to be $20,000 as it relates to employee Will Lawson. Lawson was hired at the beginning of 2002. He will be fully eligible to retire with health care benefits after 15 more years but is expected to retire in 25 years. What is the APBO as it relates to Will Lawson?

SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter10: Individuals: Income, Deductions, And Credits
Section: Chapter Questions
Problem 16P
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The EPBO for Branch Industries at the end of 2016 was determined by the actuary to be $20,000 as it relates to
employee Will Lawson. Lawson was hired at the beginning of 2002. He will be fully eligible to retire with health
care benefits after 15 more years but is expected to retire in 25 years. What is the APBO as it relates to Will Lawson?

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