Full question:
Does a Goverment contracted employer have a legal right to make the employees invest their Health and Welfare allowance, that's given to them by the federal government in a 401k plan, profit sharing plan or a IRA? This Health and Welfare is given to the employees to use as they choose correct?
- Category: Employment
- Date:
- State: Texas
Answer:
The answer depends on the type of allowance you're referring to, such as whether it's a Health Savings Plan or Flexible Spending Account, and applicable laws and employer policies. Please see:
http://www.kiplinger.com/features/archives/2004/02/hsa.html
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.
