You have worked for Steel Workings for nearly eight years.Your employee-provided funds and employer-contributed funds are all vested.You intend to quit your job at Steel Workings to take another job.Your retirement funds will most likely:

Question

Quizplus · Accepted Answer

Since the employee-provided and employer-contributed funds are all vested, they belong to the employee and will stay with them even after leaving Steel Workings. These funds will not be lost or decreased by half upon voluntary separation from the company. The employee can choose to either leave the funds in the existing retirement account or roll them over into a new retirement account set up with their new employer or a personal retirement account. However, it is important to note that the new employer may not contribute to the existing retirement account, but the employee can still contribute to it if they choose to.

You Have Worked for Steel Workings for Nearly Eight Years