top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

retirement contributions?

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

    retirement contributions?

    I was reading a post below and saw trustee has asked for money due to 401k contributions. My atty said this didn't matter. I even asked if it or my insurance being taken out of my check would matter and they said no. Does the trustee usually ask for monetary compensation for retirement plan contributions? I'm totally confused now.

    #2
    In some cases in our district, contributions to a 401K plan have been added back in as income for the means test by the U.S. Trustee in an effort to dismiss/convert. It's sometimes seen as money that would have been available for repayment to creditors... lots of disputes in various districts on the subject.

    Comment


      #3
      Thanks for the info, i guess i really shouldn't be too worried about it. It is under $300 for 6 months worth but i really don't have a dime to pay back the trustee for it right now.

      Comment

      bottom Ad Widget

      Collapse
      Working...
      X