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Why Am I Losing Money in My Retirement Account?

Are You Losing Money in Your Retirement Account?

The stock market hit record highs in 2018, yet millions of Americans saw their retirement accounts remain the same. Even worse, many employees found themselves asking, “Why am I losing money in my retirement account?”

Retirement pension plans are an important benefit that many employees are entitled to receive. As the sponsor for your retirement plan, your employer has a duty to make sure that your investment opportunities are reasonable and make sense for your individual case.

Oftentimes, employers do not take their responsibility seriously and end up shorting their employees when it comes to investment options and retirement plans.

So… what should you do if you believe you’re being shorted retirement benefits that you’re owed?

Advice from a Wage & Hour Expert

Speak with a Wage and Hour Attorney

These types of cases can be difficult. If you have questions about your individual retirement plan and whether or not you’re being shorted benefits in violation of the law, it’s important to talk to an experienced wage and hour attorney.

For more information and resources on Wage & Hour Violations, visit www.overtimelawyersohio.com or call 216-285-9991.