Announcement

Collapse
No announcement yet.

Retirement Insurance Limits

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Retirement Insurance Limits

    The retirement health insurance for railroaders is capped at approximately $100,000.00. If I buy no other insurance and have a $400,000.00 medical bill, can the medical provider sue me and empty my 401k or other savings vehicles?

  • #2
    I am not a lawyer, and I don't play one on TV, but I don't think a 401K or any other government sanctioned savings plan can be raided by a third party for any reason short of a specific court order. And I've never heard a court to order such a thing.
    sigpic ΜΟΛΩΝ ΛΑΒΕ "Come and get them" Leonidas I to Xerxes, at Battle of Thermopylae

    Comment

    Working...
    X