question 3 of 8\nwhat does it mean when the money in your 401(k) is vested?\nselect a response.\nyou can…

question 3 of 8\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 8\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 employer - contributed funds, even if they leave the job. Investment gains are possible, taxes are still applicable in most cases, and early withdrawal without penalty is not allowed under normal circumstances.

Answer:

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