Shortcut Navigation:

Question for the Money Doctors

Question submitted on Jan 8, 2012.

Question

My husband was laid off from Kodak in 1998. He took a lump sum from Kodak for his rietirement but left it in T Rowe Price. With Kodak facing a possible bankruptcy how safe is this money? At this point it is all in the Fund D. This morning on your radio show you eluded to the possibility that it may not be safe. We''re not sure if this pertains to us or not.

Answer

When he took his lumpsum did he roll it over to an IRA at T Rowe Price?


For additional information visit http://www.360financialliteracy.org/