Developed in conjunction with

Amat Victoria Curam

Financial Information for Senior Military Officers

You're Vested...But Will You Get Your Matching Contributions?

You're Vested...But Will You Get Your Matching Contributions?

You've been with your company for a while.  In fact you are fully vested under the 401(k) plan.  You're thinking it might be time to think about going somewhere else or maybe hanging up your spurs.  Will you get your matching funds?

I know, some of you are indignantly stating, "Of course I will.  I'm vested."  That is a true statement...mostly.  You'll get the matching contributions from last year and earlier.  But, what about this year?

Depending on when your employer actually puts the matching funds into your 401(k) the answer might be "Not yet."

There is a trend amongst employers to delay the contributions until late in the year.  The result of this change is that if you leave your job before the contributions are made you won't get the money.  IBM, a leader in the employee benefits arena, delays 401(k) matching contributions until the 15th of December.

So...if you're thinking about leaving your job, make sure you understand when your matching funds will be actually deposited to your account (not just when they show up on your statement) or you might leave money on the table.  Of course, that may not be your only consideration but forewarned is forearmed.

Roth TSP? Action May Be Required
401(k) Rollover Rule 2.75693

Related Posts



No comments made yet. Be the first to submit a comment


Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by C.L. Sheldon & Company, LLC ), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from C.L. Sheldon & Company, LLC . To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. C.L. Sheldon & Company, LLC is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the C.L. Sheldon & Company, LLC ’s current written disclosure statement discussing our advisory services and fees is available for review upon request. DISCLAIMER OF TAX ADVICE: Any discussion contained herein cannot be considered to be tax advice. Actual tax advice would require a detailed and careful analysis of the facts and applicable law, which we expect would be time consuming and costly. We have not made and have not been asked to make that type of analysis in connection with any advice given in this blog post. As a result, we are required to advise you that any Federal tax advice rendered in this blog is not intended or written to be used and cannot be used for the purpose of avoiding penalties that may be imposed by the IRS. In the event you would like us to perform the type of analysis that is necessary for us to provide an opinion, that does not require the above disclaimer, as always, please feel free to contact us.

Read Our Blog


Understanding TSP RMDs
      You can't leave your money in TSP forever.  Find out what happens if you don't take it out...


Read More

Access Your Accounts


Sign-up for Newsletter