Question
Gwen is making $85,000 at a new job. The 401K match is 75% up to 6% and she vests 20% per year; 20% vested when
Gwen is making $85,000 at a new job. The 401K match is 75% up to 6% and she vests 20% per year; 20% vested when she starts investing. Gwen chooses to invest 10% of her income.
Ignoring any growth, at the beginning of year 2, how much should be in the "Gwen's invested money bucket".
How much should be in the "company match bucket" and how much is in the "vested bucket"?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
