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Zackie Has Five Years of Service Completed as of February

Question 45

Multiple Choice

Zackie has five years of service completed as of February 5, 2017, which is his employment anniversary date. If his defined benefit plan [not a § 401(m) arrangement] uses the graded vesting rule, determine Zackie's nonforfeitable percentage.


A) 40%
B) 60%
C) 80%
D) 100%
E) None of the above

Correct Answer:

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