Exam (elaborations)
CDFA Exam Guide Questions and CORRECT Answers
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CDFA Exam Guide Questions and CORRECT Answers 5-year cliff vesting - Ans An employee who has at least five years of service must have a nonforfeitable right to 100% of the employee's accrued benefit [IRC §411(a)(2)(A)]. 3- to 7-year vesting (7-year graded vesting) - Ans An employee who has co...
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