Posted by wile E on October 01, 2014 at 17:16:07 from (71.82.74.231):
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.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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