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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (6511)	11/17/2010 11:50:35 PM
From: JimisJim	Respond to of 34328

dabum: yes, that is correct... I'd neglected to include the part about employer match vesting as it did not apply in my case... and it typically only applies to employers who are not just mean enough to eliminate pensions and tell employees it's 401Ks or nothing, let alone make those employees have to vest the often minuscule matches typical of most employers to begin with, and then dinging employees for being unvested or prevent them from a simple rollover. Sheesh, who does your wife work for? Even the most miserly employer I've had (one of which didn't even offer matches) never required that their match be vested... though that is their option of course and employees are the ones who must rollover on it -- that is if they want to be/remain an employee... vesting rules make sense wrt old defined benefit pension plans and/or stock options, but for forcing employees to save their own money and make a gesture with a meager match? The gall.... although I do know of some employers who match dollar for dollar up to very generous percentages of employee's salary... but I've never worked for one. Sorry to hear about your wife's situation. I hope it represents a very small minority of people's experiences. Jim