I have been a bar manager for nearly 24 years..
we use to have a 401 k plan, but bout 10 years ago it was converted to a simple IRA which the owner contributes only 3% every 2 weeks....long story short, caught him not contributing to my IRA in a timely matter ( bout 9 years ago) sometimes not until the end of the year!
We have changed finance companies 3 times and now he hasn't contributed to my IRA for nearly 10 months!! It's taken out of my paycheck every 2 weeks to the tune of about $440 per month. When I confronted him AGAIN he apologized and said he got behind on paperwork and that I was getting a large amount of deposits into my IRA account... that was over a month ago! Still no deposits!
I got so mad that I called the past finance companies to get year~end statements from them and have hired a CPA to help me determine IF all my money over the years has actually been deposited! It's being going on for years!!
My ?'s is, how often IS he required to make the deposits and how I should proceed?
We work in a very small community bar and there are 4 other employees involved in this..
I LOVE my job, but am tired of him taking advantage of ME and my fellow employees!!
I've been keeping this quiet for now as I know my other staff doesn't have a clue about what's happening to their $$, but want to have all "my ducks in a row" before confronting my boss again..
what legal rights do I have? |