Financial Planning for Generation X & Y Women
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Glossary of Financial Terms

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Variable Expenses
Costs that change in proportion to an activity or use. Examples include food, transportation, clothing, education, medical, and utilities.
The amount of time you must work before earning a non-forfeitable right to your accrued benefit. When you are fully “vested,” your accrued benefit will be yours, even if you leave the company before reaching retirement age.