It is Jan. 1, 2023. You make $50,000/year. You open a 401K on Jan. 1, 2023 and start investing 6% of your salary. Here are the details: Vests 20% per year, (beginning with 20% vested) the day you start investing. Match 75% up to 6% You put 75% in fund A and 25% in fund B Ignore any growth and also ignore raises. How much will be in your the vested bucket and how much in the non-vested bucket on Jan 1, 2026? DETAIL your answer by writing an explanation and/or copying pasting your excel calculations.

Answer rating: 100% (QA)

To calculate the amount in the vested and nonvested buckets of your 401K on January 1 2026 we need t... View the full answer