Original Message

Typical vesting schedule is what, 33% a year? Fully vested in 3 years? And that only affects your company match, so for PHI it's 3-6%, AMC was 70% upto 8% of pay which was 5.6% overall, let's just call it 6%. So 6% company match, let's say 100k base, 6k a year. 33% vested a year means you'll lose 4k of you leave after a year, 4k if you leave after 2 years (2k a year x2 years), keep it all if you stay for 3. Who's jumping ship for less than a 4k bump in pay? Or do you not fully understand finances and how retirement accounts work and the options you have? Besides, getting your 401k money out of a company plan and into an individual IRA means you'll probably have better/cheaper investment options.