Vesting
The schedule on which employer contributions become yours to keep if you leave.
Where it is explained in full
Workplace plans: the 401(k), the 403(b), and the TSP, from the first paycheck to the last. Everything a person needs to open one, fill it, hold the right things in it, avoid the traps, and carry it with them when they leave. Long on purpose, so that one page is enough.
A definition says what a thing is; it never says whether it fits you. The guides explain how it works and name the professional who confirms it for a particular person. The No Advice Disclosure.
Words beside it
- Cliff vesting
Employer money becomes yours all at once after a set time; nothing before that.
- Graded vesting
Employer money becomes yours gradually, a percent each year.
- Tax loss harvesting
Selling a loser to record the loss for tax, then holding something similar.
Ask about Vesting
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