What is a vesting schedule?
A vesting schedule is used to determine what percentage of your employer-sponsored account you are eligible to keep when you separate from service. Your employer determines this schedule. A typical vesting schedule would be 1 year = 0%, 2 years = 20%, 3 years = 40%, 4 years = 60%, 5 years = 80%, and 6 years = 100%. You should refer to the Summary Plan Description for your plan’s specific vesting schedule.
