Which term refers to the money that an employer and employee have placed in the employee's pension fund that cannot be forfeited for any reason?
A) thrift plans
B) vested funds
C) stock options
D) cash balance funds

Question

Quizplus · Accepted Answer

Vested funds are the money employer and employee have placed in the latter's pension fund that cannot be forfeited for any reason. The employees' contributions are always theirs.

Which Term Refers to the Money That an Employer and Employee