The parent corporation of the company I work for has anounced that they are putting us up for sale. For those of us that are only partially vested in company contributions to our 401k, what will happen to the unvested portion of those contributions?Do they stay with our current parent corporation or will they transfer with us to the 401k plan of a new parent corporation?If we have the option of leaving the money in our current 401k, do the vestment rules, fully vested in 5 years, still apply since we would no longer be working for the same company?Thanks for all answers and any other comments concerning this situation.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra