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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:

Glomerular Capsule

A cup-shaped structure in the kidney that encases the glomerulus and participates in the filtration process of blood to form urine.

Peritubular

Peritubular relates to the tiny blood vessels surrounding and permeating the tubules in the kidney, playing a key role in the reabsorption process during urine formation.

Glomerular

Relating to or involving the glomeruli, which are small filters in the kidneys involved in the filtration of blood.

Urethritis

Inflammation of the urethra, often caused by infection, leading to pain during urination.

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