ReadySteadyG0
Junior Member
What is the name of your state (only U.S. law)? Georgia
Was told I was not eligible to enroll in a 401k at the beginning of this year because I worked from January 2nd 2013 to January 1st 2014 and that was not "technically" a full calender year. I didn't think too much of it at the time but I decided to look it up on the IRS website recently and there it states that a full calender year is generally defined as 1000 hours of service which I easily completed because I averaged at least 36 hours a week for the year. My question is was my employer correct because it is maybe at their discretion that I complete a full year i.e. Jan 1-Jan 1 or is it by law that you are eligible if you complete 1000 hours of service regardless of what date you started that year. Thanks!
Was told I was not eligible to enroll in a 401k at the beginning of this year because I worked from January 2nd 2013 to January 1st 2014 and that was not "technically" a full calender year. I didn't think too much of it at the time but I decided to look it up on the IRS website recently and there it states that a full calender year is generally defined as 1000 hours of service which I easily completed because I averaged at least 36 hours a week for the year. My question is was my employer correct because it is maybe at their discretion that I complete a full year i.e. Jan 1-Jan 1 or is it by law that you are eligible if you complete 1000 hours of service regardless of what date you started that year. Thanks!