There are two basic types of vesting (ask your benefits administrator which one applies to you): Cliff vesting. This typically means that if you leave the job in five years or less, you lose all ...
Vesting refers to the period you must work before employer 401(k) contributions are fully yours. Vesting typically applies only to employer contributions, not the money you contribute yourself. A ...
Once you're fully vested, you can take the entire company match with you when you part ways with your job. If you're not fully vested, you'll get to keep only a portion of the match or maybe none ...
Vesting in your 401(k) plan means that you own it. While you already own the amount you personally deposit in your 401(k) plan, you don't own your employer's contributions to the account until you ...