Please only know if you know the correct answer and have knowledge about pension
ID: 2711285 • Letter: P
Question
Please only know if you know the correct answer and have knowledge about pension. I am getting tired of all the spam I have been getting from people on here.
1.An employer suggested to provide the following vesting schedules. Determine if these schedules comply with the laws governing qualified retirement plans [explain]:
In a defined benefit plan a full vesting after 5 years
In a defined benefit plan a 50% vesting after 6 years and 100% vesting after 7 years
In a defined contribution plan a 50% vesting after 3 years and 100% vesting at 6 years
In a defined contribution plan a full vesting after 2 years
Explanation / Answer
Please only know if you know the correct answer and have knowledge about pension