Employee and Employer Contribution Division
This plan includes both employee salary deferrals and employer profit-sharing contributions. Employer contributions are often subject to a vesting schedule. That means not all money is immediately owned by the employee. In a divorce scenario, an alternate payee can only receive the vested portion. A careful review of the plan’s Summary Plan Description (SPD) will tell you whether the participant is fully vested, partially vested, or has forfeitable amounts.

