0
What do you do if your employer keeps money taken from paycheck that is supposed to be going to IRA not investing it?
Wiki User
∙ 12y ago
This is no small indiscretion! It is a big time problem and likely criminal.
While there may well be actions you could take on your own, my experience has been that something like this can be messy in the extrordinary. And frankly, regardless of legal protections, you probably don't want to be the known as the whistleblower - as it will likely make continued work, and certainly any real future, very difficult. New employers aren't wild about whistleblowers either...and it has the habit of somehow getting around.
However, no question this is something you need to act on. It may be reasonable to find an employment lawyer in your area who is interested. (They frequently come in 2 varities...ones that specialize in handling the Cos side and ones that handle the employee cases). Any should be interested, and if whzt your saying is true, will probably be able to assure that you won't be charged for his actions, and as he may well be able to end up representing the entire employee group...looks at it as a decent fee opportunity. He should be able to make sure ducks are in order, and perhaps keep you unnamed, and getting the many auhtorities involved to fix it.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
How do you get garnished wages back from employer after you file bankruptcy?
It's not going to happen. You owed money and that creditor went to court to get your employer to deduct what you owed them from your paycheck and send it to them. Your employer does not owe you a dime. They followed a court order. They had no choice. You went bankrupt AFTER the garnishment, so anything paid BEFORE the bankruptcy is water under the bridge. You cannot "get money back" on something that was paid before the bankruptcy. Since you went bankrupt, the garnishment should stop but you will not get any money "back".
Where could one find tips on investing in stock?
There are many places where a person could find tips on investing in stocks. There are many online sites that offer information about investing in stocks. Also, many books have been written about stock investing, so going to the library or bookstore would be a good place to find information about it.
How is bankers life and casualty as an employer?
What exactly do you want to know? Are you going to be an agent on commission or a salary employee?
Which investment brokerage firms have the lowest fees?
It will depend on the types of investing you are doing, what accounts you want to buy, and how much money you are going to be inveting with the firms.
Why save money?
How else are you going to buy things that cost lots of money? if you weekly paycheck is $500, how do you but anything that costs MORE than $500 without saving money for it?
Can an employer make you pay back your register out of your paycheck without going through the courts first Then fire you if your register is short again even if you are paying the company back?
No, employees are not liable for company losses.
Employer is going to 1099 me and I am not a licensed contractor just working for this person will this affect me?
employer is going to 1099 me. I am not a licensed contractor, will this affect me?
How do you get garnished wages back from employer after you file bankruptcy?
It's not going to happen. You owed money and that creditor went to court to get your employer to deduct what you owed them from your paycheck and send it to them. Your employer does not owe you a dime. They followed a court order. They had no choice. You went bankrupt AFTER the garnishment, so anything paid BEFORE the bankruptcy is water under the bridge. You cannot "get money back" on something that was paid before the bankruptcy. Since you went bankrupt, the garnishment should stop but you will not get any money "back".
What is the best method for letting your current employer know that your are going to be leaving your job?
requesting a meeting with the employer
If garnishment has already just started can you stop it?
we received a letter from my husband's work that IRS the state of KY is going to garnish his paycheck we just got it on may 10, is there anything we can do to stop this process from happening if employer has received this letter, he is under contract at work that if garnishments happen he will be fired, help
What is the weather going to be?
its supposed to rain and its supposed to be warm but not to warm pretty chilly
What is worth thinking about before investing in retirement?
It is worth thinking about the job you are at before you start investing in retirement. Is this the job you want? is this the job that you know is going to allow you to retire.
Default on payday loan in Arkansas?
They can place a lien against your assets. Or they can garnish your paycheck, they are going to get their money back.
Is online investing safe and secure?
Online investing are safe and secure. But at the same time they also has risks. If you are going to invest for huge amounts, then there are high risks in losing more money
Where could one find tips on investing in stock?
There are many places where a person could find tips on investing in stocks. There are many online sites that offer information about investing in stocks. Also, many books have been written about stock investing, so going to the library or bookstore would be a good place to find information about it.
What is the percentage of tax taken out of a paycheck in Pennsylvania?
The employer will take out the SSIC, Federal Income Tax and State Income Tax and perhaps city taxes. The amounts are going to depend on what tax bracket you are in. It can vary a great deal based on the amount you make and how you fill out the withholding forms. You should get this information from your employer payroll department as they will be the one that would know how much FICA, federal income tax, state income, local taxes, etc that they will have to withhold from your hourly pay or gross pay for the pay period. After the withheld amount for all taxes is subtracted from your gross wages (earned income) your paycheck will be issued for the net amount of your earning (wages).
How can I rebalance my portfolio Hypo Venture capital question?
Rebalancing would be a cinch if all your money was in one account. But you may be investing for one goal via various vehicles. So when you rebalance, you're not just going to rebalance your employer-sponsored account. You should rebalance across all of these accounts simultaneously.
