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Special Vesting Rules Apply to Qualified Defined Contribution Plans with Voluntary

question 14

Multiple Choice

Special vesting rules apply to qualified defined contribution plans with voluntary employee contributions and matching employer contributions.Which of the following statements is (are) true with respect to these vesting rules?
I.Employer contributions must vest immediately.
II.Graded vesting is permitted,and employer contributions must be 20 percent vested after 2 years,with an additional 20 percent vested in each of the next 4 years.


Definitions:

Rewards

Incentives or benefits given to individuals or groups to recognize and encourage desirable behavior or performance.

Participant Observation

A qualitative research method where the researcher immerses themselves in a group or community to observe behaviors and interactions from within.

Unobtrusive Measurement

A method of data collection in research that does not interfere with the subjects' behavior, allowing for more natural and authentic responses.

Survey Research

A method of gathering information from a sample of individuals through their responses to questions, often used in the social sciences.

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