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Message
Can I be forced to invest in a retirement plan?
Posted on 6/25/13 at 6:30 pm
Posted on 6/25/13 at 6:30 pm
Today, my part time employer said my next paycheck would include a deduction to the PERS organization. No reasons, no explanation, no anything. Can they do this?
I have a Roth IRA and invest in this. This is all I want. Can my employer force this on me?
I have a Roth IRA and invest in this. This is all I want. Can my employer force this on me?
6
Posted on 6/25/13 at 6:33 pm to rpg37
What does your Employment Contract say?
Posted on 6/25/13 at 6:41 pm to rpg37
Sure, it's called social security.
Posted on 6/25/13 at 7:44 pm to rpg37
i've never heard of anyone being forced to invest in a workplace 401k plan. it's generally a benefit of the company, not a requirement of employment.
Posted on 6/25/13 at 8:14 pm to rpg37
This is America God Dam It, you can be forced to buy anything the government wants you to buy. 
Posted on 6/26/13 at 9:04 am to rpg37
When I worked a state job years ago we didn't pay SS but we were forced to pay into a 403(b) administered by TIAA-CREF.
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