Georgeanne has been employed by SEC Corp.for the last two and a half years.Georgeanne participates in SEC's 401(k)plan.During her employment,Georgeanne has contributed $6,000 to her 401(k)account.SEC has contributed $3,000 to Georgeanne's 401(k)account (it matched 50 cents of every dollar contributed).SEC uses a three-year cliff vesting schedule.If Georgeanne were to quit her job with SEC,what would be her vested benefit in her 401(k)account (assume the account balance is $9,000)?

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The Answer of Georgeanne has been employed by SEC Corp.for the last two and a half years.Georgeanne participates in SEC's 401(k)plan.During her employment,Georgeanne has contributed $6,000 to her 401(k)account.SEC has contributed $3,000 to Georgeanne's 401(k)account (it matched 50 cents of every dollar contributed).SEC uses a three-year cliff vesting schedule.If Georgeanne were to quit her job with SEC,what would be her vested benefit in her 401(k)account (assume the account balance is $9,000)?

Georgeanne Has Been Employed by SEC Corp