Said It Here

Why are my account balance and vested balance the same?

Employers often use a vesting schedule where matching contributions are earned over time rather than immediately. When total and vested balances look identical after a few years, it usually means either the plan is fully vested from day one or unvested funds haven't been removed yet, leaving people unsure if they actually own the full amount before rolling it over.

What people tried

Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.

  1. 1
    Reviewing individual plan documents to check how years of service and forfeiture triggers are defined
  2. 2
    Checking source balances and vested balances for employer match versus employee pretax contributions

In their words

Unedited, most upvoted first, each linked to the thread it came from.

I started a new job a few months ago and I’ve just began the process to rollover my 401k from a previous job to my current one.source ↗

I left my old job just after three years; however, my account balance and my vested balance are exactly the same. Does this mean that I’m fully vested? Did my old job/401k make a mistake on their end?source ↗

yeahiknowthisisbad · r/personalfinance · 5 upvotes

I hadn’t thought of that! But here’s what my account says: - if my unvested portion was already forfeited wouldn’t my vested balance be less than half of my source balance for Employer Match?source ↗

yeahiknowthisisbad · r/personalfinance · 1 upvotes

Not sure I understand account balance and vested balance. They sound like they should be the same thing.source ↗

Zealousideal_Pain374 · r/personalfinance · 1 upvotes

Where this came up

People with this problem also raised