Kiplinger

Here's What Happens to Your 401(k) After a Company Merger or Acquisition

Corporate mergers and acquisitions can be stressful. When employees hear that their company is part of such a deal, they instinctively worry about their jobs. Even with reassurances that there's no need to worry about layoffs anytime soon, employees should expect changes in their benefit plans, particularly their 401(k)s or other retirement savings plans.

Among the closed-door meetings that take place prior to a takeover or merger, it is surprisingly common for benefit plans to be ignored, especially in the small plan market. This can be a disaster

 

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