Submitted by [deleted] t3_z8pjl9 in personalfinance
mamamamysharonaaa t1_iyeyq5q wrote
Reply to comment by I_like_to_run__ in Got a job with 401k, should I hold off on contributing to save up for a house? by [deleted]
Although contributing to your 401k is always a good thing, a lot of companies have a vesting period and if you job hop often you’ll miss out on it. My match doesn’t vest at all until the 3 year mark which is pretty bad, other companies are similar
I_like_to_run__ t1_iyf12pl wrote
My company is 100% vested from start date.
mamamamysharonaaa t1_iyf1e26 wrote
this is the ideal scenario. sadly the stick and carrot routine is a common trend :(
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