QUESTION ABOUT INVESTMENT?

through my employer (walmart) i have an comment with merrill lynch I not long ago perceived the matter which says distinction pity as well as 401(k) devise upon it says stream investment worth 3144.31 what just does which meant as well as does which income go to me I unequivocally do not assimilate most i’m during work all the time as well as I unequivocally do not have time to call for assistance so if anybody knows anything about this i will conclude the assistance thanks

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Mike October 26, 2010 at 11:53 am

The value you see is what the account is worth. What you are entitled to when you leave the company is your vested value. Look on the statement for your vested value. Companies either use a cliff vesting (ex. you may be 0% vested til your third year and then 100% there after) or graded vesting (ex. 2yrs service =20% 3 yrs =40 and so on) You may want to read your summary plan document and see the vesting schedule. Also hopefully you are participating in the 401k as well, its a great deal if they match which I am sure Wal mart does.

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