12.19.2013 | by Kenny Steinberg
Retirement plans and bankruptcy
I was reading Dave Ramsey’s column in a recent edition of the Erie Times-News and he was asked about using 401(k) contributions to pay down debt instead of contributing to one’s pension plan. Ramsey's thoughtful answer in this case was to advise the reader to halt the contributions and pay down the debt first. In this case, it appeared to be sound advice.