Finance Questions? Ask a Financial Expert for Answers ASAP
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hi, thanks for responding.
Normally, forced liquidation does not happen. IF at all it happens, your employer would substitute that with another plan.
Forced liquidation happens only after warnings have been issued by the broker regarding the under-margin situation of an account. With the retirement plans, forced liquidations would certainly never happen.If at all, yours would get substituted with another retirement plan.
Thanks. In 2008 some of the mm funds did go below their NAV of $1. I was wondering what Bill was referring to?
I see nothing to worry about at this point.
Thanks. Thats it for now I'll rate your answer. Bye
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