What Does Fully Vested Mean In 401K?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    A retirement plan that includes contributions from the employer will have a vesting schedule.  You do not fully own the contributions made by your employer until you meet the vesting requirement.  There may be a vesting schedule in which you would own the employer’s contributions in increments.  To be fully vested means that everything in the plan is available to you.
    Answered on June 25, 2014
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