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Category: California Employment Law
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Experience:  I have 30 years of experience in the practice of law, including employment law and discrimination law.
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In 2005 Our company allowed us to have an un-matching 401k

Customer Question

In 2005 Our company allowed us to have an un-matching 401k program. The employee were allow to add money to their 401 accounts for eight years. In 2008 we became union, we were still allow to have our 401k programs at that time. Six months ago the company stop allowing the employees to add to their 401 accounts. They said it was because we have a retirement plan with the union. They claim they made a mistake for letting us have 401k and the union's retirement.

Now, we can't add to the 401k and can't take the money out of the account, unless we are fired or quit. Can they do this?
Submitted: 3 years ago.
Category: California Employment Law
Expert:  Michelle-Mod replied 3 years ago.

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Customer: replied 3 years ago.


Expert:  Michelle-Mod replied 3 years ago.

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Expert:  Michelle-Mod replied 3 years ago.
Hello again,

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Please let me know if you would like to continue to wait or if you would like to cancel your question at this time. We sincerely apologize for the extended wait time.

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