Legal Question in Employment Law in California
401k who is eligible
My question is, if by law small business employers are supposed to provide 4o1Ks' to their employees.
Asked on 7/31/99, 12:01 am
1 Answer from Attorneys
Ken Koury
Kenneth P. Koury, Esq.
Re: 401k who is eligible
You are not required to offer employees a 401k or any other benefits. The only legal requirement is that you pay them the wages they are entitled to on time. No other benefits are legally required.
Answered on 8/02/99, 6:51 pm