Will my 401K be affected in a bankruptcy? 4 Answers as of August 27, 2010

If I file for bankruptcy will I be able to keep my 401K retirement?

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Diefer Law Group, P.C.
Diefer Law Group, P.C. | Abel Fernandez
Yes, you will be able to keep your 401K.
Answer Applies to: California
Replied: 8/26/2010
Ariano & Reppucci
Ariano & Reppucci | Chris Ariano
Almost always your 401K is not affected by bankruptcy.
Answer Applies to: Arizona
Replied: 8/26/2010
The Law Office of Mark J. Markus
The Law Office of Mark J. Markus | Mark Markus
No, it should not be affected. It is protected by federal law up to a certain limit (which is over a million dollars).
Answer Applies to: California
Replied: 8/25/2010
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