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What is the vesting requirement for employee benefits? A. It determines whether the employee benefit qualifies for tax deductibility B. It is how long before

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What is the vesting requirement for employee benefits? A. It determines whether the employee benefit qualifies for tax deductibility B. It is how long before you can take the money with you if you leave the company C. It is the requirement that you contribute to the empoyee benefit D. It determines when you are you eligible to participate in the employee benefit QUESTION 2 Cathy puts 10% of her pay in a Roth 401(k) plan administered by her employer. Her employer matches 100% of the first 5% of her contribution. She earns $120,000 per year and her average tax rate is 17% and her marginal tax rate is 24%. What tax savings does she get from her contribution? A. $2,880 B. $2,040 C. $4,320 D. $3,060 E. $0

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