Question: In 2 0 2 3 , Maggy ( 3 4 years old ) is an employee of YBU Corporation. YBU provides a 4 0 1
In Maggy years old is an employee of YBU Corporation. YBU provides a k plan for all its employees. According to the terms of the plan, YBU contributes cents for every dollar the employee contributes. The maximum employer contribution under the plan is percent of the employee's salary if allowed, YBU contributes until the employee has contributed percent of her salaryUse Exhibit
b Maggy worked for YBU Corporation for years before deciding to leave effective July Maggy's annual salary during this time was $ $ $ and $she only received half of her $ salary Maggy contributed percent of her salary including her salary to her k account.
Assume YBU uses sixyear graded vesting. What is Maggy's vested account balance when she leaves YBU exclusive of account earnings
Vested account balance:
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