What is the difference between vested funds and non-vested funds in a 401 (k) plan?
Vested funds are employer contributions, but non-vested funds are contributed by the employee.
Vested funds are tax-exempt until retirement, but non-vested funds are not.
Vested funds do not belong to the employee until after a set period, but non-vested funds immediately belong to the employee.
Vested funds belong to the employee even if employment ends but non-vested funds do not.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the difference between vested funds and non-vested funds in a 401 (k) plan? Vested funds are employer contributions, but non-vested ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The total revenue and total cost functions for manufacturing Items are: TR (q) = -5q2+80q and TC (q) = q3-12q2+60q+60, where q is measured in hundreds of Items and total revenue and total cost are given in hundreds of dollars.
Answers (1)
The following equity investment transactions were completed by Romero Company during a recent year: Apr. 10 Purchased 3,600 shares of Dixon Company for a price of $51 per share plus a brokerage commission of $95.
Answers (1)
In the secondary market, stock prices are A. determined by supply and demand B. Stable C. easy to predict
Answers (1)
The demand for health care in industrially advanced economies is highly elastic: with respect to both price and income highly inelastic with respect to both price and income highly elastic with respect to income but highly inelastic with respect to
Answers (2)
Manufacturing costs other than direct materials and direct labor, and are not readily traceable to specific units or batches of production are called:
Answers (1)
New Questions in Business
In business continuity planning, which of the following is an advantage of a "hot site" over a "cold site": A. Air Conditioning B. Cost C. Short period to become operational D. A & C
Answers (1)
madison a tenant, moves from her apartment in breach of the lease agreement. The landlord, lenny, has no duty to mitigate his damages by attempting to rent the apartment true/false
Answers (1)
Suppose the average income of a citizen of Poland is higher than the average income of a citizen of Romania. You might conclude that a. Polish firms are faced with stricter government regulations than Romanian firms. b.
Answers (2)
What is the difference between global trade and domestic trade?
Answers (1)
Dakota Inc. and Jersey & Company are two large companies that manufacture and sell equipment used in the construction, mining, agricultural, and forestry industries.
Answers (1)