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Can employer prevent you from contributing income from tips to your 401k?
Can employer prevent you from contributing income from tips to your 401k? My employer recently updated our 401k plan & I just discovered that they are not allowing me to contribute income I receive from my tips into the plan anymore. (I'm in hospitality and the majority of my income (~70%) is tipped based.) If I'm now only allowed to contribute my hourly pay (even if I put ALL of the money I make hourly), I will still...
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