Complete Labor Law Poster for $24.95
from, includes
State, Federal, & OSHA posting requirements


No announcement yet.

401K money being held Washington

This topic is closed.
  • Filter
  • Time
  • Show
Clear All
new posts

  • 401K money being held Washington

    We just found out that our employer is taking our money out for our 401K and not depositing it in our 401K accounts. This have been going on since August so we are losing all that interest.

    Is there any recorse for us?

  • #2
    Run, do not walk, to the telephone and contact the Federal Department of Labor. This is the sort of thing employers go to jail for.
    The above answer, whatever it is, assumes that no legally binding and enforceable contract or CBA says otherwise. If it does, then the terms of the contract or CBA apply.


    The forum is intended for informational use only and should not be relied upon and is not a substitute for legal advice. The information contained on are opinions and suggestions of members and is not a representation of the opinions of does not warrant or vouch for the accuracy, completeness or usefulness of any postings or the qualifications of any person responding. Please consult a legal expert or seek the services of an attorney in your area for more accuracy on your specific situation.