Asrar M Ahmed’s Answers

Asrar M Ahmed

Chicago Employee Benefits Lawyer.

Contributor Level 4
  1. Who pays health insurance if employee quits mid-month?

    Answered over 2 years ago.

    1. Marilynn Mika Spencer
    2. Asrar M Ahmed
    3. Frank Wei-Hong Chen
    3 lawyer answers

    Insurance law is generally dictated by the contract language. The terms of the insurance policy you have acquired for your company will provide detail on the matter. You should have an attorney review the insurance policy and interpret the relevant provision for you so that you may proceed appropriately.

    4 lawyers agreed with this answer

  2. Can I withdraw the funds I rolled over from a previous employer's 401k to my current employer's 401k?

    Answered over 2 years ago.

    1. Harley Leroy Bjelland II
    2. Asrar M Ahmed
    3. Steven J. Fromm
    3 lawyer answers

    Hardship withdrawals were put into place in order to encourage people to put away money for retirement, but not have to worry about completely being alienated from their money once they have put it away in case of a severe financial hardship. One of the disadvantages of a hardship withdrawal is that the tax benefits are lost on the money you have withdrawn, thus you lose valuable tax incentives for doing so. Does your plan have a plan loan feature? This is a great option if your plan is...

    2 lawyers agreed with this answer

  3. My unemployment benefits have been help for 2 weeks and i need it. what can i do to get them to release my funds?

    Answered over 2 years ago.

    1. Asrar M Ahmed
    1 lawyer answer

    Since your situation is very pressed for time, I would immediately contact an attorney in your area that handles these types of issues. An answer we may give here would give you information but it will not help to expedite the matter. If you call the department of employment security, sometimes they will even offer a list of reputable attorney's that help people in your circumstance.

    1 lawyer agreed with this answer

    1 person marked this answer as helpful

  4. Can wages above the required minimum be considered as part of my H & W benefit?

    Answered over 2 years ago.

    1. Asrar M Ahmed
    1 lawyer answer

    In order to make that judgment you would have to have an attorney review your compensation format. Normally, payments above and beyond standard rates are not considered to be health and welfare benefits, as they do not fit the definition. Please contact an attorney in your area to qualify your matter properly. In order to give a clearer answer, I would need more details.

    1 lawyer agreed with this answer