EXHIBIT 13-2 Defined Contribution Plans Minimum Vesting Schedules*

Full Years of Service with Employer	3-Year Cliff	6-Year Graded
1	0%	0%
2	0	20
3	100	40
4	N/A	60
5	N/A	80
6	N/A	100

*Percent of employer contributions no longer subject to forfeiture.

A. Maggy wants to maximize YBU's contribution to her 401(k) account in 2022. How much should Maggy contribute to her 401(k) account assuming her annual salary is $100,000 (and assuming she works for YBU for the entire year)?

B. Maggy wants to maximize YBU's contribution to her 401(k) account in 2022. Her annual salary is $100,000, and she works for YBU for the entire year. Assume Maggy is 55 years old rather than 34 years old at the end of the year.

How much should Maggy contribute to her 401(k) account?

In 2022, Maggy (34 years old) is an employee of YBU Corporated YBU provides a 401(k) plan for all its employees. According to the terms of the plan, YBU contributes 50 cents for every dollar the employee contributes. The maximum employer contribution under the plan is 15 percent of the employee's salary (if allowed, YBU contributes until the employee has contributed 30 percent of her salary). (Use Exhibit 13-2)