Leaving Your Job Could Cost You Your 401(k) Match If You Haven't Met This Overlooked Rule
You definitely don't want to quit your job without reviewing this first.
Overview
It's easy to think of your 401(k) match as yours as soon as it shows up in your account, but if you're a recent hire, that might not be true. Most 401(k) plans have vesting schedules that dictate when you're allowed to keep your employer-matched funds if you leave the company.
Quitting before you're fully vested can cost you some or all of your employer match. Here's a closer look at how vesting schedules work and how to know if you're fully vested in your plan.
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Details
Source
Originally published at www.fool.com.
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