Legal Question in Employment Law in California
quitting job and 401ks
my question is if you quit your job, can the company keep your money you have in your 401k?
Asked on 7/08/06, 8:45 am
1 Answer from Attorneys
Terry A. Nelson
Nelson & Lawless
Re: quitting job and 401ks
Anything vested as a 401k is your money. It must be held by the company in trust and transferred or paid as legally required. If mishandled, you would have a claim for damages.
Answered on 7/10/06, 9:33 pm
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