When you're fully vested in your 401(k), you own 100% of your employer's contributions, including any matches. Failing to reach this point means potential financial loss.
Many employers process vesting statuses at different rates, and you may not be fully vested in your plan when you think you are, leading to serious financial implications.
To secure your retirement savings, it's crucial to confirm the vesting date with HR, and closely follow the specific terms of your 401(k) plan.
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