Vesting is your right to at least a portion of the benefits you have accrued under an employer pension plan.

Question

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Vesting refers to the eligibility for an employee to receive benefits from an employer-sponsored retirement plan, such as a 401(k) plan or pension plan. Once an employee is fully vested, they have the right to receive the benefits they have earned even if they leave their job before retirement.

Vesting Is Your Right to at Least a Portion of the Benefits