Interesting article. Since the recession, certain companies, are not allowing individuals to withdrawal their 401k savings. They are saying it is hurting their "collateral" one fund says that all of their holdings are into property and droves of people are requesting liquidating, which represents 26% of their assests. So they cannot allow it. They locked everyone from withdrawing from their 401k funds. is that even legal??
http://articles.moneycentral.msn.com/Inv...ash.aspx?page=1
Last edited: