I wonder if anyone could tell me what happens if you leave the company before 3 years anniversary and your 401k math is not vested yet? Do you have to pay it back or do they pull it from your Vanguard account? If the latter, does it mean i get penalized for pulling money before the age of 55? Thanks! #401k #amazon
They pull it out. No penalty.
Classic amzn lol
They sound like such penny pinchers over there. It should be illegal for employers to have vesting periods on retirement accounts.
Says someone who has never been an employer.
They pull it out, but it shows in your account forever. Feels rough when the stock has appreciated nearly 10X 😥
Lol, happened with me. Didn't even know it was not vested. Need to roll over my 401k to stop seeing that appreciation and feeling bad.
Same! I messaged the via Vanguard and they said it would disappear after a year or something. 4 years ago.
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They will pull out back from your vanguard account. Note that it's not your three year anniversary. It's the date on which you reach 1000 working hours for the third calendar year.
Yeah, neither is near yet
wait so your 401k match takes 3+ years to vest?