Tuesday, January 13, 2009

5 Ways To Protect Your 401(k) If You're Laid Off

How to keep your nest egg intact even if your company goes under

Unexpected job loss can derail retirement plans in an instant. American employers shed 524,000 jobs in December, and 31 percent of employed adults ages 45 and up think it's likely that their job will be eliminated this year, according to a recent AARP survey. The good news is that if you do get laid off, you can still keep your retirement plan intact. Here's how to handle your 401(k) if you lose your job or your company goes under:.............

U.S. News

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