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Hope Law Group Column

Employer’s Bankruptcy Could Hurt Your 401(k) Plan |
| News - Industry News |
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If your employer goes into bankruptcy, there are a couple ways it could hurt your defined contribution plan (like a 401(k)).
One simple way is obvious: If you owned the company’s stock in your 401(k), there’s a good chance it’ll be valueless in the long run. It’s easy to accumulate employer stock if the employer matches [...]
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