Notices

Bankruptcy 401K

Old 05-16-2020, 12:32 PM
  #1  
Gets Weekends Off
Thread Starter
 
Joined APC: Oct 2018
Posts: 511
Default Bankruptcy 401K

What happens to 401k contribution and match if bankruptcy transpires?
ERAUAV8TR is offline  
Old 05-16-2020, 12:40 PM
  #2  
Line Holder
 
Joined APC: Mar 2019
Posts: 79
Default

Originally Posted by ERAUAV8TR View Post
What happens to 401k contribution and match if bankruptcy transpires?
Nothing happens to the money you already have in a 401K - contributions and matching funds are yours no matter what. Contractual concessions may change the matching portion going forward. Your contributions are capped by IRS rules at $19,500 per year. That won't change.
Dumpy is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
aa73
American
200
10-09-2022 08:10 AM
captkdobbs
Delta
135
02-15-2020 10:10 AM
Cujo665
American
23
01-07-2020 05:57 PM
Raptor
FedEx
132
07-20-2016 05:08 PM
EmbraerFlyer
Major
1
10-08-2008 10:35 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Thread Tools
Search this Thread
Your Privacy Choices