Questions tagged [termination]

20 questions
24
votes
5 answers

401(k) investment after being fired. Do I own it?

A friend was released from their job after 4 years, not vested. I understand 5 years are required to be vested. Are they entitled to the contributions they made to the 401(k)?
Lisa C
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16
votes
11 answers

In the U.S., do you get paid for vacation days untaken when you leave a job?

In the U.S., do you get paid for vacation days untaken when you leave a job?
user454
9
votes
1 answer

If I have a pension with my employer and then leave, is the pension mine to take with me?

Is the answer to this different if I choose to leave, versus if my employment is terminated? Are the funds my employer contributes towards my pension fund treated differently than the ones I contributed myself?
Nat_Rea
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8
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1 answer

What happens when your Canadian ETF shuts down?

I just got a notice that an ETF I own will termiate in 2 months if the shareholders don't vote for an extension. I understand that if I kept the shares until the termination date, I would get a percentage of the assets. How would I be able to tell…
leeman24
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5
votes
2 answers

Ramifications of closing my Wells Fargo cash secured credit card only 3 months after opening

How do I continue using my Wells Fargo cash secured credit card once they change their ToS and start charging a $15+ monthly account service fee in addition to the $18 secured credit card fee from November 2011? I have no credit history - it's blank…
3
votes
1 answer

Cashing in unused holiday days when leaving a job: how not to get ripped off? [UK]

If you leave your job, and have several days holiday left, how can you be sure to get them? For example, you have a 1 months notice period, and you have 15 days holiday left, you probably can't use all of that, so should you be "paid" the days that…
James
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3
votes
2 answers

Canceling a Rental lease hours after signing

I am looking for an apartment and I came across a property management that had some rentals available. The person in the leasing office of the property management gave me a sheet with buildings marked (all few streets around) that had units…
user3279954
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3
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1 answer

The penalty on early redemption of a personal loan

According to the TOS written here: https://www.sc.com/sg/personal-banking/tnc/en/_pdf/cb_all-tnc.pdf (bottom of page 51) 37.2 The following terms and charges will apply if you close the CashOne account or fully repay the CashOne loan: (a) we will…
3
votes
2 answers

During the cobra 60 days election period, can I go to the doctor?

I was recently terminated and my health insurance stopped working. I got the cobra option, but I didn't sign up to it yet as I have 60 days to do so. My question is: Can I go to the doctor in this period? What health insurance do I present…
yigal
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2
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0 answers

What affect does taking a short term contract or part time job have on EI?

I was recently terminated due to lack of work. I applied for EI. If I were to get a short term contract (like a couple months) or a part time job as an employee, how would this affect the EI? I know this sounds strange but someone has a job prospect…
2
votes
1 answer

What happens to the NOT vested balance when my former employer switches 401k companies?

I have a complicated 401k situation. I had a contract job and the contract I was on got cancelled. I did not voluntarily quit, and I was not fired with cause. My contract was cancelled due to a restructuring of my company's contract. I have my 100%…
Trashman
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2
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1 answer

After opting out from the long-term care payroll tax in Washington by purchasing a qualifying long-term-care insurance, can one drop the insurance?

After opting out from the newly established long-term care payroll tax in Washington state by purchasing a qualifying long-term-care insurance, can one terminate the contract with the insurance? Or does one have to keep paying for the insurance…
2
votes
1 answer

In pay stubs what are "vacation payout"?

At a few jobs I've had there's been a small amount on my pay stub called "Vacation Payout". What exactly is this? I tried reading the legislation but am confused. Is it basically saying each paycheck has to be increased by 4%? Can someone please add…
user39743
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2
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1 answer

At termination, can companies compensate vacation days with vacation pay at less than fair value?

Being let go, I have 15 days vacation accrued. They want to pay: salary × 15 days / 365 days = 4.1% of salary But suppose someone accrues 260 days of vacation, this corresponds to 52 weeks of 5 business days, so he could take off a whole year. In…
user20384
1
vote
2 answers

FSA when a retirement agreement has been put into place

If I take advantage of retirement incentive in which I agree in November to retire effective June 30 of the the following year, can I may I make the same elections for the FSA as if no such irrevocable agreement existed. This assumes of course that…
dave
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