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Warning: JP Morgan Chase took away $20,000 from a 401(k) after vesting without even an explanation

Vice President - Technology
Former Employee
Worked at JPMorgan Chase for 2 years
May 13, 2019
New York, New York
1.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros
  • I received $20,000 vested in 401k.
  • I delivered major systems for them and was recognized as a top performer.
Cons
  • JP Morgan Chase took away $20,000 401k after vesting without even an explanation.
  • I worked long, 60 hours+ every week.
  • Insurance was not great either.
Advice to Management

No company should be allowed to steal from an employee's 401(k) after vesting, especially after major work recognition.

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