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homestead - Re: [Homestead] 401k question

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  • From: Clansgian AT wmconnect.com
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] 401k question
  • Date: Sat, 25 Oct 2008 09:23:30 EDT



> >So what happens if a business goes under?
>

Same thing that happens if your stock broker goes under. You still own the
stocks.

If the employer goes under, the portfolio of stocks still exists
independently and will then be managed or disbursed by whoever recieves (is
in
recievership of) the defunct business.




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