How much does keep he leaves today

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Tony Soprano, age 45, has just resigned from his current job as a garbage truck driver at All Waste Management, LLC (dba AWM). He worked for AWM, which sponsors a cash balance plan and a standard 401(k) plan. Each of the plans uses the longest permitted vesting schedule, and both plans are top-heavy. Tony has a balance of $50,000 in the cash balance plan, has deferred $30,000 into the 401(k) plan, and has employer-matching contributions of $15,000. If he has been employed for five years but only participated in the plans for the last four years, how much does he keep if he leaves today?

Reference no: EM133233554

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