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What is the difference between vested funds and non-vested funds in a 401(k) plan? Select the best answer from the choices provided. -Vested funds are employer contributions, but non-vested funds are contributed by the employee. -Vested funds are tax-exempt until retirement, but non-vested funds are not. -Vested funds do not belong to the employee until after a set period, but non-vested funds immediately belong to the employee. -Vested funds belong to the employee even if employment ends but non-vested funds do not.
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Funds do not belong to an employee until they are vested.
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