Originally Posted by
Tranquility
This. 20% vesting per year after 2 years completed. (2 years completed = 20% vested, 3 years completed = 40%....etc.)
So say the company puts in 16K your first three years at NK for a total of $48K and you get a total return of 15% on that money due to conservative stock investments for a total of $55,200. Then you leave after 3 years, your saying you'd only take 40% of that money with you in your 401K (so a total of $22,080) and the company gets to keep the rest?
Just trying to understand.
Thanks