In the United States, the term “escheat” is normally used in real estates process. The term is often confusing to people in Federal and across the country. Exactly how does “escheat” affect real estate? Escheat comes into play when a person dies, leaves no will, and has
... continue reading
If a person dies without any heirs in Michigan, his or her property reverts to the government. This Michigan real estate law is known as escheat. This term is often used in real estate where unclaimed family property reverts to the state, but many people
... continue reading
If an employee in Tennessee suspects her company is misusing her 401k contributions, what can she do? Regular deductions are taken from her paycheck, but have not shown up on her 401k statements. The situation with the Tennessee employee certainly sounds as if something is not quite
... continue reading
Unfortunately, a number of South Carolina employees have had 401k contributions stolen recently. A South Carolina employee contributes to a 401k by regular payroll deductions, but the contributions haven’t shown up on her 401k statements. Is it possible that her employer is misappropriating her 401k deductions? If so, what
... continue reading
A South Dakota employee contributes to a 401k plan, but the deductions from her paycheck do not show up on any of her 401k statements. Is it possible, her company is misappropriating these 401k funds? What action should the employee take? It certainly is possible, and unfortunately,
... continue reading
A Texas employee suspects her employer is misusing her 401k funds. Regular deductions are taken from her paycheck, but they do not show up on her 401k statement. What actions can or should she take? The Texas employee should run to the nearest phone and contact EBSA
... continue reading
If a Vermont employee suspects her employer is misappropriating employee benefit funds, what action can or should she take? The employee should run to the nearest phone and contact the Employee Benefits Security Administration (EBSA) at 866-444-EBSA (866-444-3272). This federal agency is in charge of
... continue reading
An employee in Utah is enrolled in a 401k program. Deductions are made from her paycheck, but her 401k statements do not show any deposits. Is it possible her contributions are being misappropriated? If so, what should she do? The employee should call EBSA at 866-444-EBSA (866-444-3272)
... continue reading
In Connecticut, an employee suspects that his 401k funds are being misappropriated. His paycheck shows regular deductions for the plan, but his statements do not show any deposits. What are this employee’s options for reporting this situation? The first and primary option is to immediately call the
... continue reading
In Maine, an employee has regular deductions made from his or her paycheck for the company 401k plan. The 401k statements, however, do not show any deposits. Is it possible that the worker’s funds are being misappropriated by the employer? If so, what recourse does the employee have?
... continue reading
An Michigan employee is enrolled in a company 401k plan, but the 401k statements do not reflect any deposits. Money is being regularly deducted from the employee’s paycheck, so the worker becomes suspicious. Where is that money going? This scenario could be a case of the employer
... continue reading
In 2006, the U. S. Department of Labor recovered almost $25 billion in employee benefit funds which had been misappropriated by employers. Sadly, some statistics state that the recovered funds equaled a mere 25% of the amount taken. Of the funds misappropriated, some were used to bolster
... continue reading
In English common law during feudal times, property reverted to the King in a process called escheat. During this time, the King owned all of the land and granted land to lords who in turn granted the fiefdoms to tenants. After the tenant’s death, the land escheated or reverted
... continue reading
In California real estate law if a property escheats, title to the real estate reverts to the government. Usually this means the property owner has died with no living heirs and no will. Therefore, his or her property reverts to the state government. This law is based
... continue reading
The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that overlooks pension and health care plans that are established by private businesses and provides protection for employees who have these plans, such as pensions and 401ks. ERISA is enforced by the Employee Benefits
... continue reading
If an employee checks on the deposits into his or her 401k account and finds that some of the funds are missing or short it is possible the employer has misappropriated money that was designated to the account. This matter should be reported immediately to the Employee Benefits
... continue reading
If an employee suspects that he or she has made contributions to a 401k plan and does not see any deposits in the account this is a very serious matter and should be taken care of immediately. The agency that enforces the Employee Retirement Income Security Act of
... continue reading
The Employee Benefits Security Administration (EBSA) is the federal agency that oversees the Employee Retirement Income Security Act (ERISA). If an employee suspects he or she has made contributions to a 401k plan but does not see deposits showing up on the account the employee should immediately notify
... continue reading
In Nevada, and all other states in the nation, the Employee Benefits Security Administration (EBSA) is the federal agency that overlooks the Employee Retirement Income Security Act of 1974 (ERISA). ERISA enforces the minimum standards for voluntary pension and health plans in private enterprises and ensures that those plans
... continue reading
An employee in Florida recently suspected that her 401k funds were being mishandled by her employer. She suspected this because even though deductions were being made from her paycheck each week, those funds were not appearing on her 401k statements.
This employee, as well as any others who suspect
... continue reading
Benefit funds, including 401k contributions, are sometimes mishandled by not only employers in Colorado, but by employers throughout the Union. The most important thing for employees to do is keep a vigilant eye on where their funds are going. Be sure to check payroll deductions that are being made, and
... continue reading
In Pennsylvania, there have been some instances in which employees have believed that their 401k funds were misappropriated. Should any worker start noticing that, even though deductions are being made from their paychecks, no deposits are showing up on their 401k statements, then it should raise some concern.
Employees in Montana frequently have questions about exactly where their 401k contributions are going. In situations where employees believe that their payroll deductions are not going into their 401k funds, they should make haste to contact the Employee Benefits Security Administration (EBSA).
EBSA is responsible for enforcing the federal
... continue reading
Alabama employers, as well employers throughout the United States, have been caught stealing 401k funds from employees on different occasions. The time for employees to become suspicious is if they begin noticing that the deductions that are being taken from their pay are not going into the designated savings funds.
... continue reading
The Employee Retirement Income Security Act (ERISA) of 1974 is a federal statute that sets the minimum standards for a majority of pension and health plans in the private sector. It provides protection for individuals that are involved in these and other similar plans, like the 401k for example. The
... continue reading
It appears that 401k contributions are being embezzled in Alaska. The deductions are made from all the employee’s checks, but the 401k statements don’t show any deposits. What’s an employee to do?
These sure look like the signs of the employer embezzling funds allocated for an employee 401k account.
... continue reading
If an employee thinks that their 401k contributions are being misappropriated, what should they do? Suppose deductions are being taken from the employee’s checks, yet the 401k statements show no deposits, what then?
The situation being described in this question seems to be a firm reason to suspect that
... continue reading
If an employee suspects that their 401k contributions are being misappropriated, they should contact EBSA, the employee benefits security administration. That number is 886-444-3272. EBSA is responsible for enforcing ERISA in the state of Alabama an the rest of the United States. ERISA stands for the Employee Retirement Income Security
... continue reading
In the year 2006, $25 billion in embezzled employee benefit funds were recovered, according to the U.S. Department of Labor. This accounts for only 25% of the total amount of misappropriated funds taken from 401k, pension, and health care accounts. Money was deducted from employee payroll checks for these funds,
... continue reading
Unfortunately, there are a few things that are certain in life – taxes and death. When a person dies and he/she has property, money or children, it is important that those precious assets or people be protected by a will in the State of New Mexico.
