Question

quiz question 3 of 6 what does it mean when the money in your 401(k) is vested? select a response. you can keep the money your employer contributed, even if you leave your job. you will not have investment gains in your employer - sponsored retirement plan. you will never have to pay taxes on your employer - sponsored retirement plan. you can withdraw your money at any time without a penalty fee from the irs.

Explanation:

Vesting in a 401(k) refers to the process by which an employee gains full ownership of the employer - contributed funds in their retirement plan. Once vested, an employee can keep these employer - contributed funds even if they leave the job. The other options are incorrect as vesting has no direct relation to investment gains, tax - free status, or penalty - free withdrawals.

Answer:

You can keep the money your employer contributed, even if you leave your job.