+ Reply to Thread
Results 1 to 26 of 26

Thread: employer not paying insurance, or 401k

  1. #1
    asshat iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush's Avatar
    Join Date
    Jan 2010
    Location
    I might be a woman beater, but I'm not a pussy eater
    Posts
    5,144

    employer not paying insurance, or 401k

    A friend of mine works for a company and he's recently found (about 2 weeks ago) that the money they're taking out of his paycheck to go towards insurance and his 401k is not being paid. This morning he checks his bank account and the direct deposit (bi weekly paycheck) didn't get made (should have gone through on thurs. 12:01am)

    someone has already called the department of labor about the insurance and 401k. Does anyone else need to be contacted about not getting paid?

  2. #2
    Duke of New York Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97's Avatar
    Join Date
    Feb 2008
    Location
    Brooklyn, NY
    Posts
    21,216
    I'd call an attorney.

  3. #3
    asshat Anastasis Shaggy Gold Club Anastasis Shaggy Gold Club Anastasis Shaggy Gold Club Anastasis Shaggy Gold Club Anastasis Shaggy Gold Club Anastasis Shaggy Gold Club Anastasis Shaggy Gold Club Anastasis Shaggy Gold Club Anastasis Shaggy Gold Club Anastasis Shaggy Gold Club Anastasis Shaggy Gold Club Anastasis's Avatar
    Join Date
    Jan 2008
    Location
    in the gutter
    Posts
    12,165
    I'd start getting my resume updated.

  4. #4
    asshat TOR has a gigantic e-peen. TOR has a gigantic e-peen. TOR has a gigantic e-peen. TOR has a gigantic e-peen. TOR has a gigantic e-peen. TOR has a gigantic e-peen. TOR has a gigantic e-peen. TOR has a gigantic e-peen. TOR has a gigantic e-peen. TOR has a gigantic e-peen. TOR has a gigantic e-peen. TOR's Avatar
    Join Date
    Jul 2010
    Location
    Just trying to be the best teammate I can be
    Posts
    31,945
    I'd start loading my car with $#@!. They're going under.

  5. #5
    Is your friend Greg Davis?

  6. #6
    asshat miguelito is probably pretty witty. or good at photoshop. or porn. miguelito is probably pretty witty. or good at photoshop. or porn. miguelito is probably pretty witty. or good at photoshop. or porn. miguelito is probably pretty witty. or good at photoshop. or porn. miguelito is probably pretty witty. or good at photoshop. or porn. miguelito is probably pretty witty. or good at photoshop. or porn. miguelito is probably pretty witty. or good at photoshop. or porn. miguelito is probably pretty witty. or good at photoshop. or porn. miguelito is probably pretty witty. or good at photoshop. or porn. miguelito is probably pretty witty. or good at photoshop. or porn. miguelito is probably pretty witty. or good at photoshop. or porn. miguelito's Avatar
    Join Date
    Dec 2007
    Location
    San Antonio
    Posts
    4,491
    Sounds like they "fixed the glitch."

  7. #7
    #winning Macallan12 Shaggy Gold Club Macallan12 Shaggy Gold Club Macallan12 Shaggy Gold Club Macallan12 Shaggy Gold Club Macallan12 Shaggy Gold Club Macallan12 Shaggy Gold Club Macallan12 Shaggy Gold Club Macallan12 Shaggy Gold Club Macallan12 Shaggy Gold Club Macallan12 Shaggy Gold Club Macallan12 Shaggy Gold Club Macallan12's Avatar
    Join Date
    Mar 2008
    Location
    On my computer.
    Posts
    4,896

  8. #8
    asshat Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic's Avatar
    Join Date
    Dec 2007
    Location
    Texas Never Whispers
    Posts
    17,440
    Quote Originally Posted by iamthepush View Post
    A friend of mine works for a company and he's recently found (about 2 weeks ago) that the money they're taking out of his paycheck to go towards insurance and his 401k is not being paid. This morning he checks his bank account and the direct deposit (bi weekly paycheck) didn't get made (should have gone through on thurs. 12:01am)

    someone has already called the department of labor about the insurance and 401k. Does anyone else need to be contacted about not getting paid?
    I process payroll and pay all the bills for the small start up I work at. payroll and insurance & 401K payments are very routine but are giving incredibly high priority because of the employee/employer relationship.

    if those things are not getting done then your friend's job is furked.

  9. #9
    asshat KC-97HORN is a rep whore. KC-97HORN is a rep whore. KC-97HORN is a rep whore. KC-97HORN is a rep whore. KC-97HORN is a rep whore. KC-97HORN is a rep whore. KC-97HORN is a rep whore. KC-97HORN is a rep whore. KC-97HORN is a rep whore. KC-97HORN is a rep whore. KC-97HORN is a rep whore. KC-97HORN's Avatar
    Join Date
    Feb 2008
    Location
    Tailgate Season'er
    Posts
    9,215
    The only other explanation is the company is changing banks and the old account information hasnt been transferred.

    But thats an outside chance,

    probably 85% chance or higher your friends company is going under

  10. #10
    asshat UTinBigD can play the whole course with a 4 iron. At night. UTinBigD can play the whole course with a 4 iron. At night. UTinBigD can play the whole course with a 4 iron. At night. UTinBigD can play the whole course with a 4 iron. At night. UTinBigD can play the whole course with a 4 iron. At night. UTinBigD can play the whole course with a 4 iron. At night. UTinBigD can play the whole course with a 4 iron. At night. UTinBigD can play the whole course with a 4 iron. At night. UTinBigD can play the whole course with a 4 iron. At night. UTinBigD can play the whole course with a 4 iron. At night. UTinBigD can play the whole course with a 4 iron. At night. UTinBigD's Avatar
    Join Date
    Jan 2008
    Location
    Dallas
    Posts
    3,829
    yes, start looting.

  11. #11
    asshat iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush Shaggy Gold Club iamthepush's Avatar
    Join Date
    Jan 2010
    Location
    I might be a woman beater, but I'm not a pussy eater
    Posts
    5,144
    thanks, that's what i was thinking.

    It sucks because his wife works for the same place and they are expecting their second child this spring

  12. #12
    That's f'd up. What kind of company?

  13. #13
    Quote Originally Posted by Skipper View Post
    That's f'd up. What kind of company?
    Accounting firm?

  14. #14
    asshat beer Shaggy Gold Club beer Shaggy Gold Club beer Shaggy Gold Club beer Shaggy Gold Club beer Shaggy Gold Club beer Shaggy Gold Club beer Shaggy Gold Club beer Shaggy Gold Club beer Shaggy Gold Club beer Shaggy Gold Club beer Shaggy Gold Club beer's Avatar
    Join Date
    Sep 2009
    Location
    Greater than 300 yards from an elementary school
    Posts
    11,531
    is there any benefit to being the first to file a lawsuit if there are any assets to be had?

  15. #15
    bunghole AlanC slams and goes hard. AlanC slams and goes hard. AlanC slams and goes hard. AlanC slams and goes hard. AlanC slams and goes hard. AlanC slams and goes hard. AlanC slams and goes hard. AlanC slams and goes hard. AlanC slams and goes hard. AlanC slams and goes hard. AlanC slams and goes hard.
    Join Date
    Jun 2010
    Posts
    414
    If the company has any assets then the employees aren't getting them. Unless they make a midnight run and load up their f150.

    The lawyers will get it all.

  16. #16
    asshat Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic is a rep whore. Traffic's Avatar
    Join Date
    Dec 2007
    Location
    Texas Never Whispers
    Posts
    17,440
    Quote Originally Posted by EuroHorn View Post
    Accounting firm?
    those are the worst.

  17. #17
    Cowboys and Texans fan ! tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt's Avatar
    Join Date
    Nov 2007
    Location
    Charlie's Bait Camp
    Posts
    49,169
    Quote Originally Posted by Traffic View Post
    those are the worst.

    accounting firms, how do they work ?????

  18. #18
    Quote Originally Posted by AlanC View Post
    If the company has any assets then the employees aren't getting them. Unless they make a midnight run and load up their f150.

    The lawyers will get it all.
    Yea, it's very hard to collect unpaid compensation.

    I was out about 20k at an old company and walked away. My friends were out about 80k and spend 100k on lawyers to pursue it and got nothing.

  19. #19
    Not sure if this applies to your situation, but it seemed somewhat relevant

    http://www.smartmoney.com/personal-f...01k-investors/

  20. #20
    asshat DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98 can play the whole course with a 4 iron. At night. DieUCLA98's Avatar
    Join Date
    Jan 2008
    Location
    Austin, TX
    Posts
    11,065
    If the company goes under, the debtors will get paid first followed by equity holders. I seriously doubt any compensation will make its way to employees.

  21. #21
    Duke of New York Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97's Avatar
    Join Date
    Feb 2008
    Location
    Brooklyn, NY
    Posts
    21,216
    Depending on the state, wages are considered debt and go to the forefront of debtors

  22. #22
    Cowboys and Texans fan ! tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt might be a clever chap. or know the right people. know what i mean, nudge nudge? tx 3 putt's Avatar
    Join Date
    Nov 2007
    Location
    Charlie's Bait Camp
    Posts
    49,169
    would it be a smart move to just cash out the 401 to protect what's already in there ?

  23. #23
    Duke of New York Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97 is probably pretty witty. or good at photoshop. or porn. Hellraiser97's Avatar
    Join Date
    Feb 2008
    Location
    Brooklyn, NY
    Posts
    21,216
    Your 401k is held by a custodian. Unless you are an idiot and have put it all in your company stock, it isn't going to be effected by anything going on at the company (outside of the company not forwarding on your contributions).

  24. #24
    I worked for a company that was about 6 months behind on 401K and not paying the insurance. When employees weren't allowed direct deposit and had to wait for their checks until 5pm (ie banks are closed) I got the $#@! out. Fortunately, I wasn't paying into the 401K and I found a job real quick. Good luck to your friend, but that company is furked.

  25. #25
    asshat Dr Fear can play the whole course with a 4 iron. At night. Dr Fear can play the whole course with a 4 iron. At night. Dr Fear can play the whole course with a 4 iron. At night. Dr Fear can play the whole course with a 4 iron. At night. Dr Fear can play the whole course with a 4 iron. At night. Dr Fear can play the whole course with a 4 iron. At night. Dr Fear can play the whole course with a 4 iron. At night. Dr Fear can play the whole course with a 4 iron. At night. Dr Fear can play the whole course with a 4 iron. At night. Dr Fear can play the whole course with a 4 iron. At night. Dr Fear can play the whole course with a 4 iron. At night. Dr Fear's Avatar
    Join Date
    Jan 2008
    Location
    Funkytown
    Posts
    3,059
    He needs to get ready for the possibility that they have not been paying his withholding to the IRS. I believe the IRS has no recourse against the taxpayer but it still could be some paperwork involved.

  26. #26
    Stripper's ATM NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper Shaggy Gold Club NeverMarryAStripper's Avatar
    Join Date
    Jun 2010
    Location
    If it flies, floats or fucks just rent it
    Posts
    4,239
    Quote Originally Posted by Dr Fear View Post
    He needs to get ready for the possibility that they have not been paying his withholding to the IRS. I believe the IRS has no recourse against the taxpayer but it still could be some paperwork involved.
    That's just plain stupid if they are doing that. They can, and will, come after your ass personally if you are in anyway remotely responsible for the payment of federal withholding.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Home .. Advertise .. ShaggyShop .. PanchoChat
Football .. Basketball .. Baseball .. Other Sports .. RC Didn't Offer .. Gamboool
Varsity .. Hole in the Wall .. PCL .. Einstein's .. Nasty's .. GM Steakhouse .. NSAA
Bada Bing .. Can you help me with this? .. Shagslist .. Cloak Room .. Classics .. Bellmont