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Anyone offering healthcare consulting referrals?
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Posting this here too

I mean really

Anyone offering healthcare consulting referrals?
Wear a mask
Posting this here too
I mean really
I’ve got a friend from industry that deferred a significant portion of his income. His company went bankrupt unexpectedly and his money went with it. He’s in court trying to recover it. I believe my company’s plan is protected, but I’d be certain yours is. The other feature I would check is the distribution policy when you do leave the firm. Generally I believe it’s very short duration, 1-3 years. Depending on how you think taxes will move - up, down or flat - that should be factored into you decision.
I took a look at IBM’s plan (friend went there) - VP level. I read through it - seems like if IBM went bankrupt, you might get screwed as it was just a liability on the balance sheet. Hopefully your plan is different/better.
Actually it is IBM. Almost all deferred are treated the same way