Liquidation of 401k legal definition of Liquidation of 401k. Liquidation of 401k synonyms by the Free Online Law Dictionary.

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Country: United States of America State: Ohio The company I worked for had a company funded retirement plan (besides a 401k). They are going through Chapter 11 (report) and have stated the retirement funds are secure. Can these funds be liquidated for anything other than pensions?

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Normally no but should also consult your nearest Department of Labor office to briefly discuss the issue with them.

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