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    jimbojet's Avatar
    jimbojet Posts: 4, Reputation: 1
    New Member
     
    #1

    Sep 7, 2010, 05:24 PM
    I was vested in a company that went out of business how do I collect when I retire
    I was vested for ten years how do I collect
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Sep 7, 2010, 05:26 PM

    Vested in what? Some types of plans have requirements about funding. With such plans the money in them is kept separate. If the company goes under the Pension Benefit Guarantee Corp may take over.

    The first step is to contact your former company and see what happened. If they can't help try the PBGC.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #3

    Sep 7, 2010, 07:34 PM

    Yes, where is the money ? Where you getting your annual statements of the accounts

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