Merrill is a participant in a SIMPLE § 401(k)plan,and he elects to contribute 4% of his $40,000 compensation to the account,while his employer contributes 3%.What amount will not vest immediately,if any?

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Quizplus · Accepted Answer

In a SIMPLE § 401(k) plan, all contributions, including both employee and employer contributions, are immediately 100% vested. Therefore, there is no amount that will not vest immediately.

Merrill Is a Participant in a SIMPLE § 401(k)plan,and He