Thread regarding Chesapeake Energy Corp. layoffs

As a former employee

what happens to my chk 401k after the company goes under?? should I withdraw now?! Idk what to do!!!

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| 2513 views | | 6 replies (last June 24, 2020) | Reply
Post ID: @OP+15tybG4c

6 replies (most recent on top)

If you’re not smart enough to figure this out I’m glad you don’t work here anymore...

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Post ID: @9sff+15tybG4c

You should've moved it to a self directed IRA as soon as you left.

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Post ID: @7oil+15tybG4c

I’m leaving most of my investments in CHK. it’s near bottom and certainly to go right back up to early spring 2008 levels.

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Post ID: @wdr+15tybG4c

I would move it to a personal ira. If you had on top of your 401k the other plan, then you for sure would loose that one

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Post ID: @oqu+15tybG4c

http://www.401khelpcenter.com/401k_education/bankruptcy_and_401k.html

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Post ID: @qym+15tybG4c

Only if you have CHK stock in your 401 otherwise your 401 will remain as is.

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Post ID: @ecq+15tybG4c

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