Thread regarding Wells Fargo & Co. layoffs

401k vesting

If laid off or fired (e.g. RTO nocompliance), does company matched 401k monies vest?

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Post ID: @OP+1kxhrVjp

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See the SPD for the 401K plan for exceptions, but basically.
Matching Contributions — if you were employed by
Wells Fargo prior to January 1, 2021, you are 100% vested in
your sub-accounts that hold Matching Contributions (i.e.,
Matching Contribution Account, Safe Harbor Match Account,
Non-Safe Harbor Matching Account) and associated earnings.
If you are first hired on or after January 1, 2021, you will
become 100% vested in your Matching Contribution Account
after three years of vesting service.

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Post ID: @uxp+1kxhrVjp

The match vests after 3 years of service. You’re gone before then and so is your match.

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Post ID: @ogu+1kxhrVjp

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