Business, 22.05.2020 07:59 ariloveshorses

Michelle is a key employee participant in a top-heavy profit sharing plan which follows the least generous graduated vesting schedule permitted under PPA 2006. Each year of her five year employment with Silky Oaks Resort, she has received an employer contribution equal to $10,000 to her profit sharing plan account. Today the balance of her profit sharing plan is $65,000. If Michelle terminated employment with Silky Oaks Resort today what is the vested balance of her profit sharing plan

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