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What does it mean to be vested in a retirement plan?
Author: Randy Yingger
Website: http://www.RetirementYes.com
Added: Mon, Jul 3, 2006 18:22:12
Category: Retirement Questions
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Being vested in a retirement plan means that you have full access to your contributions. For example, in a 401(k) plan, you can take everything that you have contributed to that plan. If you have a retirement plan wherein you have contributed a certain percentage of the contributions, you can take that percentage with you if you leave that employer before you retire.
See also: Retirement | Retirement Plan About the Author:
Randy Yingger answers frequently asked retirement questions at PrettyGreatAnswers.com.
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