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Bankruptcy

: The Debt Podcast

My employer is in bankruptcy - what happens to my pension?

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Your employer’s bankruptcy puts your rights under a pension plan or a 401k retirement plan at risk.  You must take steps to protect yourself if your employer is in bankruptcy or chapter 11.   Get a current summary plan description of the pension or retirement plan from the plan administrator  If you don’t have one, call [...]

Full post as published by The Debt Podcast on April 20, 2009 (boomark / email).

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