Vesting

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Jul 23, 2009 3:18 pm

A client of mine recently left a job(at a smaller company). He went to rollover the money and they said a portion of the company match wasn't vested, so he should wait longer and then it will be fully vested.



My understanding is that once you leave the company contributions no longer vest, i.e. you have what you have. am i wrong?

Jul 23, 2009 4:11 pm

You are correct.

Jul 23, 2009 4:14 pm

Correct.  He could have worked longer to get fully vested, but once he/she leaves that is it.