If you’re wondering “what does vested mean in 401k?” here’s the short answer — it’s the amount of your retirement savings you truly own, especially the money your employer contributes. When you’re ...
Understanding this rule now could save you a lot of money down the road.
If you have a 401(k) account that offers an employer match, you may have to stay at the job for a certain length of time before those contributions become yours. That’s called vesting and it’s ...