Quote Originally Posted by shamrockfan
Quote Originally Posted by MadtownPacker
Thanks for the great advice Rock. Ive only been doing it for 2 years and after 4 years you are "vested" which means its all yours to keep right?.
If you are 100% vested after four years. Things may be different now, but some that I knew about before had staged vesting, where after a few years you vested in 25% of the company contributions, a few years later it was 50%, etc. The company I was at it took 10 years to vest 100% in their contributions. I think some of that has changed since many companies no longer offer traditional pension plans anymore. Vesting periods in 401ks have become shorter.

In WI most companies have a 5 year vesting period from what I see. If Mad has 4 years that would mean after 4 years all company contrubitions as well as his own are his. And most likely, if it's 4, then each year you work there you are 25% more vested.