Will I lose my 401k if I file for bankruptcy?

0	Will I lose my 401k if I file for bankruptcy? 401k asked Jan 18 '11 at 13:33 rhd ♦♦ 1●3

2 Answers:

0	No, 401(k) retirement accounts are completely protected in bankruptcy. Private retirement accounts such as IRA and Roth IRA accounts are protected up to $1,000,000 in California. answered Jan 18 '11 at 13:53 CeciliaChen ♦ 66●4

No they can't touch your 401k. It's a protected asset. so you shouldn't touch it either!

answered Jan 20 '11 at 03:27

Vincekizzie
(suspended)

@Vincekizzie Thanks for your answer, but please do not post links to to other websites - I have removed them.

(Jan 20 '11 at 08:56) rhd ♦♦

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Asked: Jan 18 '11 at 13:33

Seen: 214 times

Last updated: Jan 21 '11 at 14:59

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