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IIA

IIA-CFSA · Question #411

A participant's right to receive partial or full benefits under a private retirement plan even if the participant terminates employment prior to retirement is referred to as

The correct answer is C. Vesting. See the full explanation below for the reasoning.

Question

A participant’s right to receive partial or full benefits under a private retirement plan even if the participant terminates employment prior to retirement is referred to as

Options

  • AContributing.
  • BAccumulating.
  • CVesting.
  • DNon-revocation.

How the community answered

(36 responses)
  • A
    6% (2)
  • B
    11% (4)
  • C
    81% (29)
  • D
    3% (1)

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