Answer:
100% vesting upon plan entry
Step-by-step explanation:
Vesting is a term in retirement that means ownership. Meaning that every employee owns (vest) a certain percentage of the account in their plan for each year.
100% vesting means the employee owns Al of his account, the employer cannot forfeit or take it back for any reason.
A qualified plan providing eligibility for all employees age 21 and older with 2 years of service and highly compensated employees are eligible. This will require 100% vesting upon plan entry