What Happens to Pension When Company Goes Bankrupt - American Airlines

[RuthSherman]

Jeff, i love your videos. You are helping people to become financially savvy and protect themselves. It's a wonderful service and a great comfort. 

[JenetLevyNYC]

Great info presented in a timely manner.

[MyTitleGuy]

Great video Jeff. I am sure there are a lot of AA employees out there that are nervous about the possibilities, your video provides some education to helpfully put them a little at ease.

[RebeccaHappy]

I am in Canada and I think that we have the complete opposite rules here. They are now talking about putting things in place so that pension plans cannot be negotiated when a company goes into bankruptcy protection..perhaps I have not fully understood it though. I was surprised to here the story of American Airlines going this way.

[DawnResearchDiva]

Jeff - this is great info, thanks for taking the time to prepare this video for not only the American Airlines employees with Pensions at stake, but also other employees that are relying on their pension benefits as a part of their retirement plan. keep up the great work - the financial climate is evolving and it's good to have the right information so you can take control of your financial planning future - we are not victims! the right info, and application of that info will give you the edge

[goodfinancialcents]

@DawnResearchDiva Thanks so much!