Amy Is Switching Employers and Can Take the Full Balance

question 17

Multiple Choice

Amy is switching employers and can take the full balance of her defined contribution plan with her, including all employer contributions. Amy is

• A)fully funded.
• B)fully vested.
• C)underfunded.
• D)unionized.

---

Definitions:

Knowledge and Ability

Refers to the theoretical or practical understanding an individual has, as well as their capacity to apply it effectively in various situations.

Commitment to the Goal

A dedicated and persistent effort towards achieving a specified objective or result.

Feedback

Information provided to individuals or groups about their performance or behavior, intended to guide future improvements or adjustments.

Performance

Refers to how well an individual, group, or entity carries out assigned tasks or duties.