Question Details

	Username: Andrew Rating: Asked to: Jun Wang Date Created: 23 Nov 2018
Category	28
Tag	Financial
Question	What is 'Vesting'?

Advice from Guru

Hello Andrew,

Vesting is a legal term that means to give or earn a right to a present or future payment, asset or benefit. It is most commonly used in reference to retirement plan benefits when an employee accrues non-forfeitable rights over employer-provided stock incentives or employer contributions made to the employee's qualified retirement plan account or pension plan. It is also commonly used in inheritance law and real estate.

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