There is usually confusion about when and what portion of your company’s retirement plan a worker
is entitled to. This is called vesting.
Standard employer contributions come under what is known as Cliff vesting, 0% for the first 2
years, 100% thereafter (was 5 years).
Graded vesting is used for an employer’s matching contributions, beginning with the workers right
to 20% after 2 years, 40% after 3 years, 80% after 5 years, and 100% after 6 years.