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If all your funds in your IRA were pre-tax, meaning you deducted the contributions on your tax return, you will not be able to take the loss. You can only claim loss if you lost money that had already been taxed.
Sorry if this is not the answer you were hoping for.
Investments in your retirement accounts (401K, IRA) are not treated the same way as your personal investments. When you use your money from your savings, invest it and loose it, you can claim claim capital losses. However this tax treatment is not applicable to retirement accounts.
Let me know if you have any questions.
You cannot deduct it on your tax return so your other options would be legal actions or maybe lawsuite. I am sure you are not alone who lost their retirement savings invested with the company and maybe there's already a pending lawsuit against the company. I am not a lawyer to advice you what would be the best legal action in your case.