09-08-2009, 06:56 PM
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#1 |
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Greenhorn
Join Date: Dec 2006
Location: Killa Cali
Age: 22
Posts: 15
Rep Power: 0   |
vesting of account
i have been working at my current employer since i was 16 (almost 17), but i didn't start contributing to the 403(b) until i was almost 19. the end of this month, it'll be five years with them, but not five years contributing. so does the five years for keeping employer match start upon start of contributions or is it just five total years of employment?
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09-08-2009, 07:04 PM
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#2 |
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Super Moderator
Join Date: Aug 2006
Location: West Coast
Posts: 773
Rep Power: 5 |
short answer: it depends
usually the time period is from the actual hire date and not the first contribution. you may want to check your retirement plan though.
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| Tags |
| employer match, investment, retirement |
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