Comments on: 401K Matching and Vesting http://www.cleverdude.com/content/401k-matching-and-vesting/ Family, Marriage, Finances & Life Sat, 11 Feb 2012 13:09:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Clever Dude http://www.cleverdude.com/content/401k-matching-and-vesting/comment-page-1/#comment-35168 Clever Dude Sun, 22 Mar 2009 01:44:37 +0000 http://www.cleverdude.com/articles/finances/401k-matching-and-vesting/#comment-35168 @LarryA, if your company requires 3 years to vest, then it's 3 years after your first day of employment there. If you've been there 10 years but just start contributing now, you're still vested since you're well past your 3 years. If your company requires 1 year before they start matching, it's 1 year after your first day of employment, not after you start contributing. Hope that helps! @LarryA, if your company requires 3 years to vest, then it’s 3 years after your first day of employment there. If you’ve been there 10 years but just start contributing now, you’re still vested since you’re well past your 3 years.

If your company requires 1 year before they start matching, it’s 1 year after your first day of employment, not after you start contributing. Hope that helps!

]]> By: LarryA http://www.cleverdude.com/content/401k-matching-and-vesting/comment-page-1/#comment-35148 LarryA Sat, 21 Mar 2009 14:16:30 +0000 http://www.cleverdude.com/articles/finances/401k-matching-and-vesting/#comment-35148 Can't seem to fully embrace the vesting after required years of tenure concept. So, in an extreme example: I've worked for my company for 10 years. I just now start contributing to th 401K. Am I fully vested in their contributions immediately? Or do I need to be running calculations for each and every year's contribution? Can’t seem to fully embrace the vesting after required years of tenure concept. So, in an extreme example: I’ve worked for my company for 10 years. I just now start contributing to th 401K. Am I fully vested in their contributions immediately? Or do I need to be running calculations for each and every year’s contribution?

]]> By: Shadox http://www.cleverdude.com/content/401k-matching-and-vesting/comment-page-1/#comment-8395 Shadox Mon, 09 Jul 2007 20:36:44 +0000 http://www.cleverdude.com/articles/finances/401k-matching-and-vesting/#comment-8395 Clever Dude, first of all, thanks for the link to my post. It is appreiciated. Second, you are making an excellent point about negotiating with a new employer to get a bonus to compensate for lost / unvested matching funds. Several years ago, I was in exactly such a situation and I was able to get not only an "unvested funds bonus" but also a signing bonus to compensate for a performance bonus I would be leaving behind by leaving my employer. In the end, I chose to stay with my employer at the time, but the point is that these things are negotiable. Clever Dude, first of all, thanks for the link to my post. It is appreiciated.

Second, you are making an excellent point about negotiating with a new employer to get a bonus to compensate for lost / unvested matching funds. Several years ago, I was in exactly such a situation and I was able to get not only an “unvested funds bonus” but also a signing bonus to compensate for a performance bonus I would be leaving behind by leaving my employer.

In the end, I chose to stay with my employer at the time, but the point is that these things are negotiable.

]]> By: MoneyNing http://www.cleverdude.com/content/401k-matching-and-vesting/comment-page-1/#comment-8067 MoneyNing Thu, 05 Jul 2007 22:40:46 +0000 http://www.cleverdude.com/articles/finances/401k-matching-and-vesting/#comment-8067 Great advice. Actually, you would be surprised how much negoiating power you have and the key is not to be afraid to ask. As long as it is legitimate, employers often give in and will provide major incentives since they want you here. Great advice. Actually, you would be surprised how much negoiating power you have and the key is not to be afraid to ask. As long as it is legitimate, employers often give in and will provide major incentives since they want you here.

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