MADISON (WKOW)--Another casualty of the recession: orphaned 401k plans.
They happen when a company goes bankrupt or out of business and there's no one left to manage and make decisions regarding the retirement fund.
It becomes frozen and people cannot get to their money.
Click the red camera icon to learn more about what to do if you have an orphaned 401k and what the government is doing to help.
All content © Copyright 2000 - 2014 WorldNow and WQOW. All Rights Reserved.
Persons with disabilities who need assistance with issues relating to the content of this station's pubic inspection file should contact Director of Station Operations Lisa Patrow at 715-852-5920. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at firstname.lastname@example.org.