Vesting signifies that an employee has fulfilled specific criteria to claim ownership over a designated portion of their retirement savings. For instance, employers often contribute a matching ...

If you have a 401(k) or other retirement plan at work, your employer may add money on your behalf, commonly with matching contributions. For example, the company may provide 50 cents for every $1 ...

Other employers have graded vesting schedules that allow departing employees to keep a portion of their 401(k) match based on their years of service, but they generally don't qualify for all of ...

Vesting schedules vary by company, although most employees will have cliff, graded or immediate vesting. If your company offers immediate vesting, your employer match will be fully available after ...