Hindsight bias is a common bias that everyone experiences. You have probably experienced it numerous times in your life without even realizing it. In this lesson, you will learn the definition of hindsight bias and be provided with some examples.
Vested Definition: Vested is the term used to determine how much of your 401(k) funds you can take with you when you leave your company. Vesting refers to the ownership of your 401(k). When you are considering your contributions to your 401(k), you may be wondering how much of the money is yours.
Generally, stock is vested when you have a right to keep it â even if you can't sell it right away. If you acquire stock from your employer, the tax consequences depend on whether the stock is vested. In the language of the IRS, the question is whether you have a substantial risk of forfeiture. These words have a special meaning. In general you have a substantial risk of forfeiture â and your stock isn't vested â if termination of your employment would cause you to lose some or all of the value of your stock.