Legal Question in Employment Law in California
salary contributions
My IRA contributions are withheld from my monthly salary. I recently learned that my employer has delayed in sending those payments to my IRA, sometimes for several (5) months. Are they legally entitled to this delay without notice or consent? Also, are there tax implications (for me or for them)?
Asked on 7/01/07, 3:20 am
1 Answer from Attorneys
Michael Kirschbaum
Law Offices of Michael R. Kirschbaum
Re: salary contributions
File a complaint with the United States Dept. of Labor (not the California Labor Commissioner). They have jurisdiction over 401K violations.
Answered on 7/02/07, 9:01 pm