@cnbcselect: Replying to @Jenn Dealing with all the details of your 401(k) could get complicated. That's why we asked our editor James Ellis to explain what happens if you leave your job before being vested in your 401(k) in just :30 seconds. Have even more 401(k) questions? Let us know in the comments. 💬 #cnbcselect #cnbc #PersonalFinance #finance #401k #whatis401kvesting #amivested

CNBC Select
CNBC Select
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Region: US
Friday 13 December 2024 20:44:34 GMT
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sophia.lly
Sophia.x :
Why aren’t we taught this in school ?
2024-12-14 07:26:15
5729
reo_life
REO_Life ❌ :
I can do it quicker. You keep only the money you put into the 401k
2024-12-14 15:57:12
3932
alexxissg
Alexis :
But like what does vested mean
2024-12-14 09:44:18
749
spooked.spooky
Spookyscorner :
Vested basically means reaching a certain amount of time in the company so you can keep the match the employee has contributed! (1)
2024-12-14 17:29:41
1402
hunterm_00
hunterm_00 :
Mine is vested as soon as it’s paid out. That’s wild that that’s even a thing
2024-12-14 02:10:29
712
pewpygooch
A Guy :
I did not know this when I left my job and I lost out on over $6,000. But I hated the job so it’s all good
2024-12-14 08:11:35
532
rockahbaby
hjj :
It's very sad that in this world people determine your money when you get it and how ITS SAD
2024-12-14 14:18:35
50
astoriathestudent
AstoriaTheStudent✨ :
Vested means ownership. Always ask about the vesting schedule. Some employer match is fully vested on day 1!! Good luck💕
2024-12-14 20:42:38
180
aunt_gucci
Monica :
this why I only work places where I'm vested from day 1
2024-12-14 04:51:03
28
tisthedamnphd
Sonya :
What does vested mean
2024-12-14 03:42:01
144
awesomeguyright
Awesomeguyrighthere :
That would only apply to match. You keep what ever you put into it. It’s your money.
2024-12-14 12:34:20
149
ashleyquesadillla
ashley🧡 :
my prev employer had a 401k which took out money from my paycheck (that’s mine) and for the employer match to take place (vested) I had to be working there for 3 years (I worked there for 2 years) 1/2
2024-12-14 07:47:48
5
liolbl93
Le0 :
Employers never share this info u less u request it
2024-12-14 08:40:49
5
vagabondingvic
Vic Vuchetich :
Be 100% sure that you’re vested though! My first job said after 5 years you’re vested, but it was technically “after the 5 year period” so it was actually 6 years 😅
2024-12-14 09:54:58
72
mmarre666
. :
Vesting means it's yours. unvested is not.. what employer puts in is not until it has been in the account for years. ask your company HR for vesting schedule.
2024-12-14 12:58:44
22
fabydorado23
Faby :
If u leave your job and n don't move ur 401k to another 401k plan to transfer your job will have to send your check to your home it will take like 2-4weeks thats what happen to me when I left a job n
2024-12-14 15:13:42
6
michmex2021
Michmex2021 :
Every company has different plans, from vesting on day one, to 2-3 years, same with the match percentage
2024-12-14 13:19:45
22
singhshehzada
Someone and 125k others :
they can rollover 401k contribution to ur IRA account via wire or etf
2024-12-14 06:40:03
46
honestpersonalfinance
Honest Personal Finance :
Oftentimes, that employer match money you forfeit gets redistributed to current plan participants
2024-12-14 00:30:01
22
dukeoneill
John Duke O'Neill :
Sometimes employers will let you go before the funds are vested
2024-12-14 16:41:29
31
1mary70
Mary :
hi what does invest means. please more information
2024-12-14 20:49:00
6
amiga.annerose
Amiga.AnneRose :
I lost my 20% because the company requires at least 5 yrs 😭 but now I learned that its best to invest in Roth Ira rather than max the 10% in 401k because of tax.
2024-12-14 16:30:56
52
lonestarkid1
lonestarkid1 :
Like is there very few companies that offer vestment whatever that means. I’ve been an employee with lots of companies and hr in orientation talks about 401 but never talks about vested time never
2024-12-14 12:43:19
19
jorgeperezg9
Jorge :
They don’t want us to learn all this in school
2024-12-16 04:56:21
5
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