A small Winter Park law firm that specializes in helping police and firefighters with pension and Social Security entitlement claims is in hot water for allegedly mishandling the retirement savings of if its own employees.
The U.S. Department of Labor sued Bichler & Kelley for violating the Employee Retirement Income Security Act of 1974 by withholding employee payments from the firm’s individual retirement plan. The Simple IRA plan allows employees to contribute a portion of their income into an individual retirement account through a payroll deduction, with the firm matching up to 3 percent of their compensation.
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