Monday, June 30, 2014

I've been employed with my company for over a year. On the day I was hired I signed an agreement that stated I would have retirement plan (4...

Question

I've been employed with my company for over a year. On the day I was hired I signed an agreement that stated I would have retirement plan (401K). To date I don't have any type of retirement benefit. Is this legal? What can I do?



Answer

You should take a copy of the agreement indicating you were promised a 401k as a condition of employment. have it reviewed with an attorney. Doest the company maintain a 401 K plan for other employees as well. It sounds like you may have a breach of contract case also possibly an action for misrepresentation but again with review of your document you signed it is difficult to say.



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