I had mine rolled over into my Edward Jones account within 30days of my official layoff date. Sorry this is happening again to staff who aren’t millionaires and multi millionaires
7 replies (most recent on top)
You keep yours, you lose theirs if not fully vested.
I was laid off at 4.5 years, got none of their contribution.
If you go to your Fidelity account you can find more information. From your home page under 401k benefits click on Quick Links dropdown and select Plan Info and Docs. From there click on Summary Plan Description. You’ll find vesting breakdown in there
It gets redistributed to DEI hires in the form of reparations.
Whenever you separate from a company, voluntarily or otherwise, you are entitled to your contributions, rollover and vested company match. Unvested match goes back to the company. Hope that helps.
Anything not vested you lose.
You keep the portion that you contribute only.