pay Archives - Critical Financial

Home Posts Tagged "pay"

Can an Employer Hold Your Last Paycheck?

Posted by Flanice Lewis on Sep 11th, 2019 · 0 Comment

If you’ve recently left your job, you may be wondering if an employer can hold your last paycheck. Based on federal law, the answer is no. However, you may not receive payment immediately, and it may not be the amount you expected. Reasons to Withhold Your Last Paycheck Federal law prohibits employers from withholding final paycheck for any reason. Some reasons where an employer might try to...
more →

Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

Can an Employer Hold Your Last Paycheck?

About the Author

Critical Financials’ Basic Personal Finance Rules

Support Our Advertisers