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URL:  http://boards.fool.com/dh-is-receiving-full-salary-for-the-two-year-26305984.aspx

Subject:  Re: Voluntary Separation and 401K? Date:  1/22/2008  7:39 AM
Author:  TMFPMarti Number:  97962 of 121599

DH is receiving full salary for the two-year period during which he is considered an "employee-consultant." Last year, he was able to contribute to his 401K. This year, he gets a letter telling him that "due to a change in IRS regulations," he can no longer contribute to his 401K.

I'm not aware of anything, but that doesn't mean there wasn't something. Were I he, I'd start by asking what regulations changed.

It may wind up that he needs to consult a lawyer to find out if the company is breaching his separation agreement.

Phil
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