question 3 of 3\nwhat does it mean when the money in your 401(k) is vested?\nselect a response.\nyou can…

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

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

Answer

Brief Explanations:

Vesting in a 401(k) means an employee has a non - forfeitable right to the employer - contributed funds, even if they leave the job. Investment gains can still occur, taxes are usually due upon withdrawal, and early withdrawals typically incur IRS penalties.

Answer:

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