Vesting helps a business hold onto valuable employees by requiring them to stay with the company for a few years to get the maximum benefit.

Understanding how 401(k) vesting works will help retirement savers make more informed decisions about an employer match.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David is comprehensively experienced in many facets of financial and legal research and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...