question archive The employee and employer have contributed a total of $75,000 and $18,750 respectively to a 401k
The employee and employer have contributed a total of $75,000 and $18,750 respectively to a 401k
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The employee and employer have contributed a total of $75,000 and $18,750 respectively to a 401k. The employer contribution is 40% vested. What is the maximum amount this employee may borrow from their 401k?
(Round to the nearest whole dollar.)
(The answer is not 18750, 82,500, 9375.)
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