What is the meaning of vested?

Having the right to use a portion of a fund such as an individual retirement fund. For example, individuals who are 100 percent' vested' can withdraw all of the funds that are set aside for them in a retirement fund. However, taxes may be due on any funds that are actually withdrawn.

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APABarry Goldsmith. (2010). vested. Retrieved September 25, 2026, from http://smartdefine.org/vested/definitions/1166257
ChicagoBarry Goldsmith. 2010. "vested" http://smartdefine.org/vested/definitions/1166257 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, vested, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/vested/definitions/1166257>.
MLABarry Goldsmith. "vested" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/vested/definitions/1166257>
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