Cliff Vesting
RetirementA vesting schedule where you receive 0% of employer contributions until reaching a specific date, then become 100% vested at once.
Example
Example: For someone with $300,000 in retirement savings planning to retire at 65, cliff vesting directly affects their strategy. Since it involves a vesting schedule where you receive 0% of employer contributions until reaching a, understanding this concept could mean an extra $50,000-$100,000 in retirement assets. Plan with our retirement calculator.