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Asked 11/24/2008

401k being closing by company

I live in NY and am enrolled in my company 401k plan inwhich they contribute 3%. Right now i am 60% vested. they are closing the company, do they have to fully invested me 100% and put in their matches or do i just I just receive the 60% of their matches?

 
 
 
 
 
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Answer 1/1 - Submitted 11/24/2008

I would assume if you are vested by 60%, that is what you are entitled to. However, to be certain, contact the broker as soon as possible, who currently holds your funds,

 
 
 
 
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