QUESTION
I have a stock ownership plan, i was laid off from the company. i want to know if i can take that money out, i was told i couldnt until retirement.
Asked on Dec 18th, 2014 on Labor and Employment - New Jersey
More details to this question:
I do not have a 401k, its just a stock ownership plan. I was told by someone from the company i could not take out the money until retirement. Is this true?
1 ANSWER
Criminal Defense Attorney serving Toms River, NJ
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Edward J. Dimon
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i need to review the employer's stock ownership plan to properly answer. we have had experience where the employer wrongfully interpreted the plan for the employee. i would not trust the employer. please call if we can help. ed dimon 732-797-1600
Answered on Dec 18th, 2014 at 1:30 PM