- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Post-Severance 401K Contribution not done by employer
I was part of a RIF and I was assuming my post-termination Bonus payment would have 401K contribution taken out however it did not. My understanding is a Bonus payment would quality as "Earned income" as it was due regardless of my employment status. I'm not sure about the Severance payment which was also due but the Bonus was getting paid regardless. I can't access the Plan Rules on 401K site anymore and curious if my assumption is correct, and can my previous employer chose to not do it?
‎April 1, 2023
7:41 AM