{ "media_type": "text", "post_content": "Is your 401K match prorated if you are laid off or if you leave your job? How much of the match can you keep if it’s not fully vested yet?", "post_id": "5bec56eee54ce1001771fb72", "reply_count": 7, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Is your 401K match prorated if you are laid off or if you leave your job? How much of the match can you keep if it’s not fully vested yet?

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Posting as :
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You are currently posting as works at

This is more company specific, post in your company bowl

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You only keep what is vested; that’s the definition of vested. I would doubt you could get any proration but as BA said you have to look at your plans specifics.

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D1 wow that’s horrible

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Booz does the same (all 401k match vests December 31), but at least Booz does 6% match so it makes it more worth it

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Agreed. At D the match gets posted once a year, in June

Look into your company's vesting schedule.

A little more info for you, OP. You’re not likely to get any pro ration because 401k is special. It’s not like, say, bonus where the policy says you have to be an employee on the payout date and you leave the day before and someone could sign off on an exception to pay you out. 401k is governed by federal law (ERISA). The firm can’t just say well the policy says she’s only 40% vested but we’ll throw her a bone and give her 60%. Not happening.

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