#bankrupted

Company went out of business (bankrupted). 401K provider closing out the account. What to do?

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Company went out of business (bankrupted). 401K provider closing out the account. What to do? I want to ask the smart people on reddit where should I move the money to! Company I used to work for went out of business and the 401K provider gave notice the account will be terminated in a couple of months. The 401K is fully vested with $100K. Do I roll it over to my one of my active 401K, Trad IRA (currently at $200K) or to Roth IRA? I am c…

Reddit Personal Finance 1.0k 2025-02-16

Need help with FSA. My company went bankrupted and was bought out. I passed my FSA spend by date, I guess because of the bankruptcy? Did I lose my unspent funds?

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Need help with FSA. My company went bankrupted and was bought out. I passed my FSA spend by date, I guess because of the bankruptcy? Did I lose my unspent funds? I am looking for advice and guidance on my FSA situation. My company went bankrupt around August and was bought out in September by a new company. I had unspent funds left in my FSA account that exceed the carry over amount. On my FSA account it shows the spend by date in October. I have questions and looking for advice if it could somehow use t…

Reddit Personal Finance 949 2024-11-25