Cliff vesting is a common concept in the world of employee benefits and compensation, particularly in the context of stock options, retirement plans, and other long-term incentive programmes. It ...

I have a retirement plan with an employer match, but it takes 5 years of working at the company before the employer contributions vest. What happens to that money if I don’t reach the 5 years? How ...

Samantha Prince, Timothy G. Azizkhan, Cassidy R. Prince, and Luke Gorman recently released an interesting paper on the effects of 401(k) vesting schedules. With defined-contribution plans, employees ...

If you have a 401(k) account that offers an employer match, you may have to stay at the job for a certain length of time before those contributions become yours. That’s called vesting and it’s ...