Amazon's 401(k) Plan Is Pretty Brutal, Too

Re:Amazon's 401(k) Plan Is Pretty Brutal, Too by jsolson on Monday August 24, 2015 @03:30PM (#10112429)

I did not know that. So the options are either 100% vested at match time (which is what I have now) or a three-year cliff?

In that case I suppose you could argue Amazon is just trying for the most liberal interpretation of the law; bully for them. Except of course that the other option was to ditch the cliff entirely and give people their 401k match from the get go.

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Re:Amazon's 401(k) Plan Is Pretty Brutal, Too by giaour on Monday August 24, 2015 @03:55PM (#10112569)

Yeah, they could just vest employer contributions immediately. That's pretty rare in my experience but not w/o precedent.

One other option I've seen is incremental vesting of 20% year over year. You only have to vest in three years if you do it all at once; otherwise you can take up to five years.

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