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Retirement Insurance Limits

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  • engr452000
    started a topic Retirement Insurance Limits

    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?

  • jonnyseeandoh
    replied
    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.

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