FAQ 196: Vesting--Setting up a schedule for a new money source


I have a question about the additional match source that I set up. This source on my Summary of Major Plan Provisions report is coming out as 100% immediate vested. I did run the vesting calculations again after setting up this source. Why is it picking this source as 100% vested????? Where do I have to go to change this to the primary vesting schedule of 1-20% the same as the other employer contribution sources?


Go to the Vesting screen in the general plan specs, and in the bottom-right corner you will see the sources listed in the "Name" box, and a "Vesting Schedule Code" field. Highlight your new source name, then map it to the correct vesting schedule by changing the setting in the Vesting Schedule Code box.