401K isn't elective but mandatory?

• Top 10 MT Company recipe for running off MT's - Long-time MT
  • Someone needs a vacation and bad! - just kidding - nm
    • Vacation? What is that? - Long-time MT
  • A few more - - old dog
  • Withhold 10% of salary for 401(k).... sm - LiveandLearn
    • I guess my point about the Labor Dept....sm - LiveandLearn
    • 401K isn't elective but mandatory? - Long-time MT
      • No, it was elective but they kept the money! nm - LiveandLearn
        • They cannot do that. I would be demanding some - me
        • That's fraud and theft - Long-time MT

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more doctors take off, and generally you can count on a lighter workload, especially with Christmas and Thanksgiving.   I tell myself I will save up and prepare for it, but usually I end up scrounging frantically for work, so do not feel alone. 

Oh, and pay no attention to the whining comments.  Most of us have compassion and understand the panic that cam come along when you realize you have run out of work for the day or whatever.

Hang in there ... it will get better. 

 Can someone tell me what the daily/weekly/per pay period mandatory line counts are for full time transcriptionists? (at the bigger medical transcription services, i.e., Transcend, Diskriter, MDI, etc.)  Also, how much more does a CMT make these days?  What about shift differentials and holiday pay?  It seems only fair that if an MT works a major holiday, like Christmas or Thanksgiving, that they are fairly compensated, but for some reason I wouldn't be surprised if they are not. 

Thanks a lot!

I saw some postings earlier and wanted to let you all know, just going to the labor board about money not being handled correctly may not be enough - however, I went righ to the SEC website and lodged a complaint against the plan holder for not managing my account, not giving me the information regarding the plan structure when asked, and for not informing me when my company did what they did.  So if your company is screwing around, put in a complaint about the holder of the plan, that will get someone off their butts to help you out - they certainly do not want to be blamed when the SEC asks why they allowed mismanagement.  I placed my complaint yesterday and the good ol SEC called me today.  Just thought I would pass it on for those who have the same problem.

Again, the complaint is with your plan holder, who certainly would not want what your company did to be held against them.

Hi All;

Are there any companies out there using the Escription platform that offer any benefits, especially a 401K---matching would be fantastic.  I love the 2 companies I work for and my accounts, but really need to have a retirement plan.  Guess I will just have to start my own, maybe a ROTH IRA.  Any advice would be appreciated.

Thanks, Sue

I am contemplating what I am going to do with my 401K money...move it to the new (as yet unknown) 401K plan offered by the new payroll service, cash out or keep it where it is and see if money grows?  We really did not have it long enough for any of my money to grow at all, so thinking of maybe cashing out since times are so hard right now.  But, I still wonder what the employer match will be, if any?  I know it was to be based upon the previous year's earnings for the company, but we were not with the 401K for a year yet.  I just wanted to ask what others are thinking of doing?