A Baby Boomer Retirement Quiz You Can’t Afford To Fail
Is Your 401(K) At Risk If Your Employer Files For Bankruptcy?
Retry
Correct
Incorrect
While your pension may be in jeopardy during a company bankruptcy, a 401(k) is a personal investment that can’t be touched by your company creditors.
Is Your 401(K) At Risk If Your Employer Files For Bankruptcy?
- It depends if your company contributes to your 401(k)
- It depends on the type of bankruptcy the company files
- Yes
- No
Scroll down to continue on!