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Donna has $56,948.08 in her defined contribution plan at work. Of that balance, $43,280.54 comes from her own contributions, and $13,667.54 comes from her employer's.
Donna has $56,948.08 in her defined contribution plan at work. Of that balance, $43,280.54 comes from her own contributions, and $13,667.54 comes from her employer's. The plan uses the 10-year step vesting schedule given below. If Donna leaves her job now, after 14 years and 3 months of service, how much of her plan balance would she keep?
Group of Answer Choices:
$62,415.10
$56,948.08
$58,371.78
$55,524.38
\begin{tabular}{|l|l|} \hline Years of Service Completed & Vesting Percent \\ \hlineStep by Step Solution
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