Hi,
I terminated service in 2/2012 and I received notice that my previous 401(k) plan was merging with another company's 401(k) plan (Company B). When I left my pervious employer I was 75% vested.
After the transfer occurred, I received a distribution statement. I was informed that 25% of my account balance was forfeited upon the transfer.
Can the company take away my non-vested account balance prior to 5 years?
What happens if I join Company B tomorrow, wouldn't they have to count my service with my prior company since it hasn't been 5 years break in service?
Thanks
