You need to know whether your employer's match "vests immediately" (it's your money right away, even if you leave the company) or whether there's a "vesting schedule" (there are rules around how much of the match you could take with you if you left the company within certain timeframes after receiving the match).
Remember vesting ONLY applies to the match money, not your own contribution. Your own contribution is your money from the start. Whether or not your employer offers a match does not change that.
Writing Boring Emails Sucks. Make Your Life Easy & Use This.
Need help figuring out what the deal is with your employer match? Use this script to shoot an email to HR or give them a call.
I’d like to better understand how the matching contributions work on the retirement plan: does the match amount contributed by the company vest immediately, or is there a vesting schedule? If there’s a vesting schedule, please let me know how the schedule works, or please point me to a description of the vesting so I can read it myself.
Know that if you’re at a smaller company, the person you’re asking might wonder or ask if you’re thinking about leaving. You can always just say, “no, it just occurred to me that I should really understand how my own retirement plan works!”