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Vesting Refers to

Question 25

Multiple Choice

Vesting refers to


A) how long until an employee owns any employer contributions to the employee's pension plan.
B) how long until an employee can transfer any of their own contributions to a new plan if they switch jobs.
C) eligibility requirements to retire early.
D) restrictions on asset allocations within a defined contribution plan.
E) the extent to which an employee materially participated in a given business in a given year. The book uses the word vesting in a different manner to refer to the time until one is eligible to receive any pension benefits.

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