Get Fresh Tips Every Week!
Don't Miss Any Retirement Tips. Subscribe to the Retirement Tip Newsletter.

View Archive

Bookmark      RSS
 

Business Solutions
Our tips are powerful.
Our writers are experts.
Our results are guaranteed.

 

Listen to our Radio Show
Hot topics for both consumers
and webmarketers
on WebmasterRadio.FM

Every Wednesday, 4PM Eastern.

 

April 27, 2007, Newsletter Issue #62: 401 Retirement Plans, IRAs, and other tax deferred savings


1

Tip of the Week

If the company you work for goes bankrupt, the future retirement income in your 401 retirement plan stays safe. The Employee Retirement Income Security Act (ERISA) of 1974 established guidelines for how money in 401(k) plans is maintained. To put it simply, your 401(k) plan account is not considered an asset of your employer. It is held in trust in a separate account for you. This means that your retirement savings money--both your contributions and your employer's matching funds--is not commingled with your company's money. Your company cannot access your plan money for any purpose related to maintaining its business.



2

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.



Learn more about our Exclusive Program we offer our clients.


 
Founded in 2000, LifeTips offers fresh tips and advice to millions of readers.
Become a Guru on a topic you're an expert in.
Become a Sponsor and keep the tips flowing and traffic going to your website!
Privacy Guaranteed.
Satisfaction Required.