Thursday, December 15, 2011

How long can my employer hold my 401K contribution before actually remitting it to the fund?

Deferrals must be deposited as of the earliest date that the deferrals can reasonably be segregated from the employer鈥檚 general assets. (No later than the 15 days after the end of the month during which the amount was withheld.)|||Is the, (No later than the 15 days after the end of the month during which the amount was withheld.) a written law? Where can I find that info? Thank you.

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|||www.401k.org has that answer.

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