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5 February, 23:55

What is the difference between vested funds and non-vested funds in a 401 (k) plan?

Vested funds are employer contributions, but non-vested funds are contributed by the employee.

Vested funds are tax-exempt until retirement, but non-vested funds are not.

Vested funds do not belong to the employee until after a set period, but non-vested funds immediately belong to the employee.

Vested funds belong to the employee even if employment ends but non-vested funds do not.

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Answers (1)
  1. 6 February, 00:07
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    Vested funds are the employers contribution and the non vested funds are the contribution of employee.
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