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Asked 6/16/2010

Can a fired employee recover 401K funds from a former employer?

I was employed for 10 years by a CA airline and had a 401K account there for those 10 years. The airline fired me. To complicate matters, this airline declared bankruptcy a few years ago. Is there a way to recover those 401K funds? I had thought that it was hopeless, so didn't try before now.

 
 
 
 
 
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Answer 1/1 - Submitted 6/16/2010

If you can find the plan's administrator, your plan should be safe. If not check with the state's comptroller to see if it became an inactive account.

 
 
 
 
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