If you're fortunate enough to have access to a 401(k) plan at work, chances are, you're also eligible for some free money, as well. That's because an estimated 92% of companies that offer 401(k)s are ...
Now, more than ever, investing is an important part of retirement planning. And one of your investment options as an employee might be a 401(k) plan. Participating employers offer 401(k)s for employee ...
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 ...
Any money that you put into your 401(k) is yours. But when it comes to employer match contributions, things work a little differently. To own any portion of your employer’s contributions, you’ll need ...
According to retirement experts at an EBRI hosted webinar, vesting forfeitures are easy to time and easy to outweigh with pay raises from another employer. An Employee Benefit Research Institute ...
I have worked at places that were so unpleasant that I consider myself lucky the vesting schedule was only six years. If they had the option, I’m convinced they would have implemented a 20-year ...