How do I check my PAG-IBIG contributions?

When is my employer required to put my weekly IRA contributions along with company matching into my account She hasn't put in any money in over a year altough it comes out of my check every week?

• Answer:

  The law (ERISA: see Dept of Labor) = within 15 days of payday. If you get a monthly salary, it should be paid in by 15th of the following month. If you get paid twice monthly, it should be paid by the date of your subsequent paycheck. Either which way, your employer is acting illegally. The whole point of an IRA is the power of dollar cost averaging. If it's not put in promptly, your employer is stiffing you on all the gains via that method - and it can be substantial!!! That's why the IRS changed this, and your employer is in non-compliance. However, if your Employer has sizeable assets, it MAY be that the money is in the Trust just not in your name yet. As its well over 180 days, the Employer is in effect getting a free loan from your paycheck. Please check with your Department of Labor in regard to this. Good luck!