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lilavasa [31]
3 years ago
12

What is the difference between vested funds and non-vested funds in a 401(k) plan?

Business
1 answer:
Alekssandra [29.7K]3 years ago
8 0
Vested funds are the employers contribution and the non vested funds are the contribution of employee.

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Ruby is 25 and has a good job at a biotechnology company. She currently has $11,400 in an IRA, an important part of her retireme
Advocard [28]

Answer:

$ 358,063

Explanation:

Calculation for the amount that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires.

Ruby's IRA worth when she retires at age of 65

First step

Using this formula to find how many years until Ruby retires

Time period= Retired age (-) current age

Let plug in the formula

65-25=40 years

Second step is to find the future value of IRA when she retires

Using this formula

Future value of IRA when she retires

= Present value(1+r)t

Let plug in the formula

$ 11,400 (1+0.09) ^40

=$11,400 (1.09) ^40

=$ 11,400 (31.409)

= $ 358,063

Therefore the amout that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires will be $358,063

5 0
3 years ago
Fragmental Co. leased a portion of its store to another company for eight months beginning on October 1, at a monthly rate of $9
kenny6666 [7]

Answer:

Debit to Unearned Rent

Credit to Rent Earned for $2,925

Explanation:

Given:

Amount of total rent = $7,800

Computation:

Amount unearned = Amount of total rent (3months / 8 months)

Amount unearned = 7,800 [3/8]

Amount unearned = $2,925

Journal entry:

Unearned rent A/c Dr $2,925

Rent A/c Cr                   $2,925

[Debit to Unearned Rent

Credit to Rent Earned for $2,925]

4 0
3 years ago
Ayuda por favor, el que no sabe no responda o los reporto.​
devlian [24]

Answer:

english pls?? so i can answer

8 0
3 years ago
What do organisations need to consider when implementing best practice performance management systems?
kolbaska11 [484]

Answer:

Remember that performance review is NOT performance management. ...

Identify the purpose of managing performance. ...

Clarify the work to be done. ...

Set goals and establish a performance plan. ...

Conduct regular and frequent coaching. ...

Conduct a formal review of performance.

Explanation:

YOU COULD'VE JUST LOOKED IT UPPPPP AHAHAHHABHADGHVDBGVFHJF

7 0
3 years ago
Why or why not hats and hoods should be allowed in school
olasank [31]
Well here’s why it shouldn’t be allowed, it could cause distractions to other people around you or to yourself or people could hide stuff inside of them food etc.

Here’s why it should be allowed. some people feel more comfortable wearing one and I feel like that’s really the only reasonable reason for someone to wear one.
5 0
2 years ago
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