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Mazyrski [523]
2 years ago
5

Frank is considering a new job. However he is concerned about his pension fund. He knows that ________ which is the requirement

that he must work for his firm for a specified period of time prior to gaining ownership of the retirement contributions made by his employer has to be met first. Question 58 options: tenuring certifying vesting validating None of these
Business
1 answer:
Vera_Pavlovna [14]2 years ago
6 0

Frank is considering a new job. However he is concerned about his pension fund. He knows that​ Vesting which is the requirement that he must work for his firm for a specified period of time prior to gaining ownership of the retirement contributions made by his employer has to be met first.

<h3>What is a Vesting?</h3>

“Vesting” in a retirement plan means ownership. This means that each employee will vest, or own, a certain percentage of their account in the plan each year. An employee who is 100% vested in his or her account balance owns 100% of it and the employer cannot forfeit, or take it back, for any reason.

Participants in a defined-benefit retirement plan need to understand the plan's vesting schedule so they know when they are eligible to receive full benefits. Pension vesting for employer contributions in a private pension plan is set by federal law and follows either a cliff vesting or a gradual vesting schedule.

Governmental and church pension plans are not subject to ERISA regulations. Exceptions to ERISA and breaks in your employment record with an employer can alter vesting and the amount of pension you're entitled to.

Learn more about Vesting Pension on:

brainly.com/question/13671110

#SPJ4

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Name the four factors that affect population growth.
Alexxx [7]

Answer:

Factors affecting the population growth of a country are:

Explanation:

The population growth of a country are determined by many factors from which some are mentioned below:

  • CULTURAL ATTITUDE OF THE FAMILY: The attitude of the family towards population growth and their country plays a role in the population growth.
  • GOVERNMENT POLICIES: lack of the government policies and planing results in the population growth of a country.
  • COST OF EDUCATION: The higher the cost of education, the higher the illiteracy will be causing lack of education and awareness.
  • AVAILABILITY OF CONTRACEPTION: Availability of the medical techniques to avoid the unwanted pregnancy helps in the controlling of the population growth of a country.

6 0
3 years ago
LeMay Department Store uses the retail inventory method to estimate ending inventory for its monthly financial statements. The f
Nutka1998 [239]

Answer:

Cost to retail ratio = 57.05%

Explanation:

Particulars                                                               Cost       Retail

Beginning Inventory                                            $46,000    $66,000

Add: Purchases                                                    $213,000   $406,000

Less: Purchases Return                                       $7,000       $9,000

Freight In                                                               $15,558          -

Net Markups                                                               -             $6,400

Good Avail. for Sales (Without markdowns)   $267,558   $469,000

Cost to retail ratio = $267,558/$469,000

Cost to retail ratio = 0.570486

Cost to retail ratio = 57.05%

6 0
3 years ago
Using a computerized Inventory Management System, a Paint Supply Store franchise continuously monitors the inventory of all the
storchak [24]

Answer: 29.4 gallons

Explanation:

The Safety Stock that should be held by the company to have a Service Level of 99.0% will be:

= Z × σ × ✓LT

Z = 2.326

σ = Standard deviation = 8

LT = Lead time = 2.50

Safety stock = = Z × σ × ✓LT

= 2.326 × 8 × ✓2.50

= 2.326 × 8 × 1.58

= 29.4 gallons

The safety stock is 29.4 gallons.

3 0
3 years ago
Russ and Linda are married and file a joint tax return claiming their three children, ages 4, 7, and 18, as dependents. Their ad
Anit [1.1K]
The correct answer is:

c. $3,700
6 0
3 years ago
Minimum wage is a common example of what? A. price ceilings
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Ration ghghghhghghghghgh
8 0
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