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-   -   401k Bankruptcy (https://www.askmehelpdesk.com/showthread.php?t=307907)

  • Jan 24, 2009, 08:48 AM
    felix martinez
    401k Bankruptcy
    If a company goes bankrupt, is a fully vested 401k account in jeopardy?
  • Jan 24, 2009, 11:47 AM
    Fr_Chuck

    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
  • Jan 24, 2009, 04:40 PM
    ebaines
    Quote:

    Originally Posted by felix martinez View Post
    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.

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