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Andy joined his employer's defined contribution pension plan on January 1, 2017, when he was first eligible. The plan, which had a two-year vesting schedule,
Andy joined his employer's defined contribution pension plan on January 1, 2017, when he was first eligible. The plan, which had a two-year vesting schedule, required employee and employer contributions. Andy terminated employment with his employer on March 30, 2018. During the time that he participated in the company pension plan; Andy contributed $3,750 while his employer also contributed $3,750 on Andy's behalf. Which of the following statements is true with regard to Andy's financial entitlement upon termination from the plan?
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