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Well, getting fucked out of your 401k money 6 months before it vests stings some.
by huang_chung 2y ago
Well, getting fucked out of your 401k money 6 months before it vests stings some.
- s1artibartfast 2y agoIs that an average time given a 12 month vesting schedule? edit: Actually curious about the dead comment. What companies have multi year 401(k) vesting? Every company I have worked at or seen does a match on a 12 month schedule or less. Are they thinking of stock options?
- huang_chung 2y agoTwo years is more typical.
- mrmayhem 2y ago[dead]
- Barracoon 2y agoIIRC Amazon has a 2 years 401k match vesting period.
- s1artibartfast 2y agoInteresting. per this article, Amazon 401k has a cliff vesting on matched funds at 3 years of employment. After reading around, it seems like 3 years is the legal maximum for 401k cliff vesting, with 6 years permitted for incremental vesting. https://www.consiliowealth.com/insights/breaking-down-amazons-401k-and-vesting-options https://www.consiliowealth.com/insights/breaking-down-amazon...