Posted: Jun 28, 08 10:07am

Hi anyone & everyone

I have been at the same employer for many years. Though not there yet, my 401k will certainly be over 250K relatively soon. I have heard that a 401K is only federally insured (like your bank accounts) for up to 250K.

If true, this is a little scary. Do any of you know of a solution to remain protected? Can you roll out some funds into another 401K or personal IRA or spouses plan, etc?

Thanks

Tim F B