• catloaf@lemm.ee
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    5 months ago

    Is that vesting for each contribution? For every company I’ve worked at, it’s 0% vested until X years, then 100% immediately vested for all contributions.

    • tsonfeir@lemmy.world
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      5 months ago

      It’s 20% per year. It’s not… bad… but this 401k is going to be a joke when I retire.

      • errer@lemmy.world
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        5 months ago

        My company is similar, but over 3 years. It’s a weird way for them to save a few thousand bucks per employee who quits (since you get the full amount by the 3 year mark).