Can an employer legally borrow money from employees 401k accounts to pay off company debt?
by 
thekingcobra63
ANSWERS: 4
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No, not without the employees permission. If this is happening, you need to contact an attorney or the local district attorney general's office.
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No, they can't. This is called theft and it's also an IRS violation. I do believe this what Enron did and look what happened to them. Turn these rats in immediately.
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Nothing legal about it. They need to keep their sticky fingers to themselves.
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In their dreams. In the real world that's a criminal offense and a big one. You didn't work for Enron by any chance did you?
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