Washington 12/05/2016 @ 12:08PM 51,084 views. How Defense Secretary James 'Mad Dog' Mattis Will Remake The Pentagon. President-elect Donald J. Trumpâs disclosure that he will seek to name retired Marine Corps General James N. Mattis as the next Secretary of Defense portends big changes at the Pentagon.
This match is typically a 100% match up to 3% and then a 50% match from 3% to 5%. With this match, an employer would match dollar-for-dollar up to 3% of the employee's salary the 50 cents on the dollar for anything above 3% and below 5% of their total salary.
If you're not fully vested, you'll get to keep only a portion of the match or maybe none at all. To find out your vesting schedule, check with your company's benefits administrator. The upshot: It can usually take around three to five years before you own all of your company matching contributions.ut company matching funds usually vest over time-typically either 25% or 33% a year, or all at once after three or four years. Once you're fully vested, you can take the entire company match with you when you part ways with your job.