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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