I have a IRA-401K question for anybody that can answer this.
Regarding a 401k
I have some money at an old employer.
I left the company 15 years ago.
If the company was to go bankrupt could the
creditors go after the money in the employee
401k accounts? If you know the real answer please chime in. If yes then a 401k is not really owned by the employee if it can be raided.
NOTE: I am not talking about a company pension plan.
Thanks in advance.
Regarding a 401k
I have some money at an old employer.
I left the company 15 years ago.
If the company was to go bankrupt could the
creditors go after the money in the employee
401k accounts? If you know the real answer please chime in. If yes then a 401k is not really owned by the employee if it can be raided.
NOTE: I am not talking about a company pension plan.
Thanks in advance.