What does it mean to be vested? It means that you have worked at a company long enough to accrue the full benefits offered by your employer. Matching contributions to your 401(k) can follow a vesting schedule, as can pension benefits and employee stock options.
So are you vested? If you don't know the answer, you should find out. The answer could have a big impact on your retirement savings.
The Vest and the Rest originally appeared on About.com Retirement Planning on Friday, May 30th, 2014 at 20:05:47.