Brought to you by the Every Dollar app. Start budgeting for free today.

Today's question comes from Tyrona, New Jersey. He says, I work for a small company with less than 20 employees.

Recently, I discovered that while my employer has been taking deductions from my check for my 401K,

they have been holding the money and making a few small deposits

into my account throughout the year

and then one larger deposit

at the end of the year.

Huh. I confronted my employer

and their only response was that

they were sorry.

Does this sound legal or unethical?

And is it time to seek new employment?

Yeesh. That does not sound right. It does not sound right at all. Smells very fishy. Yeah, because you're missing out on time in the market if they are not investing the money into the funds that you chose. This needs to be dealt with instantly.

Instantly. Like sitting down with lots of leaders going,

hey, look, I'm, I got questions. Don't go in accusing, but a lot of questions and good questions.

Good questions. Why has this been happening? Yeah. You said, sorry, that implies a mistake. Has it been

remedied? What are you going to do about all the back stuff?

But what's the tone? I need to know tone because I'm having a strong tone.

I'm going to say serious tone. A serious tone. Yeah, I'm not messing around.

Oh yeah. Very serious. I like that you ask this. So I want to set this up well.

Okay. The questions themselves take care of the tone.

In other words, you don't have to be accusatory, angry, a really pointed specific line of questioning.

...