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Business, 13.11.2019 23:31 levicorey846

Kathy has an account balance in her employer's money purchase pension plan of $100,000. the plan has a 2-6 graded vesting policy. she has been a participant for three and a half years and has worked for the company for five years. assuming the plan permits loans, what is the maximum loan that kathy could take from the plan?

a. $20,000

b. $30,000

c. $40,000

d. $50,000

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Answers: 3

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