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Posted

If an employee is a participant in the Plan as of the Change in Control date, but did not have an account balance, are they 100% vested in the match if they start deferring after the change in control date?

Posted

It depends on what the plan documents provide, but I would be surprised if they specified that an accelerated vesting for change in control applied to post-change accruals as well as pre-change accruals.

John Simmons

johnsimmonslaw@gmail.com

Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation.

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