felix martinez
Jan 24, 2009, 08:48 AM
If a company goes bankrupt, is a fully vested 401k account in jeopardy?
Fr_Chuck
Jan 24, 2009, 11:47 AM
Depends on how the money was invested, Normally the money is piad into a investment company and invested in funds or stock.
But there are possible to have loss in some cases
ebaines
Jan 24, 2009, 04:40 PM
If a company goes bankrupt, is a fully vested 401k account in jeopardy?
No - monies invested in a 401(k) are not part of your employer's assets, so your 401(k) should be in jeopardy. Of course if you invested in the company stock within your 401(k) then the value of that portion of your investment may be wiped out.