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Posted: June 15th, 2022
Jones, age 40, earns $100,000 per year and wants to establish
Jones, age 40, earns $100,000 per year and wants to establish an outlined contribution plan to encourage workers to keep together with his agency. He employs 4 individuals whose mixed salaries are $60,000 and who vary in age from 23 to 30. The typical interval of employment is Three.5 years. Which vesting schedule is finest suited to Jack’s plan?A. Three-year cliff vesting.B. Three-7 year graded vesting.C. 5-year cliff vesting.D. 2-6 year graded vesting.
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