So unfortunately I got laid off, but I am still collecting paychecks until February. Will my payroll deductions to my 401(k) still be happening until February? What about the employer match? Has that ceased immediately? Just curious.
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@OP You should continue to get 401k contributions until your package date. There are none with the package payment.
I was RIFed in 2023 on Nov 9th, paid until the end of the year and then my 35 weeks started Jan 1st. I got contributions through 2023.
isnt 25% vested per year?
Tip, if you can afford it you can increase your 401k contribution for 2026 to get the full Verizon 6% match (i.e., covering the entire year)
You'll need to calculate how much you'd need to contribute and set your contribution % accordingly. That can take several pay cycles to take effect, so don't try to do that at the last minute.
I am assuming paychecks will look the same
Unless you make changes to your contributions, they will continue as will the company match.
@OP this doesn't look like HR.