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Your Bank > Education and Advice > CNB University

Impacts of the Kodak Bankruptcy on Former Employees and Retirees

James P. Terwilliger
James P. Terwilliger, PhD, CFP® is Senior Vice President - Group Manager, Financial Planning Strategies and can be reached at JTerwilliger@CNBank.com or (585) 419-0670 x50630.
J Fitzgerald
Jason W. Fitzgerald, CFP® is Senior Vice President - Group Manager, Investment Services and can be reached at JFitzgerald@CNBank.com or 585-419-0670 x50628.
M Mazzochetti
Mark S. Mazzochetti, CISP is Vice President - Retirement Services Officer and can be reached at MMazzochetti@CNBank.com or (585) 419-0670 x50606.
We hope you enjoyed listening to "Ask the Experts" on 1180 WHAM, Sunday, January 29th at 8pm.

Ask the Experts is CNB’s financial forum for education and advice as local experts answer your questions on financial topics that interest you. The experts of the last call included James P. Terwilliger, PhD, CFP®, Senior Vice President and Financial Planning Manager, Jason Fitzgerald, CFP®, Vice President and Investment Officer, and Mark Mazzochetti, CISP, Vice President and Retirement Services Officer as they reviewed the impacts of the Kodak bankruptcy on former employees and retirees.

 

Highlights From the Show

 

Audio Clip

 

1. Meet the CNB Team.

 
 

2. Addressing Kodak Retiree Inquiries.

 
 

3. CNB’s Jim Terwilliger, PhD, as a 30 Year Kodak Retiree, prior to his tenured CNB Career.

 
 

4. CNB’s Key Message for Kodak Retirees: Don’t Do Anything Drastic!

 
 

5. Are my Kodak 401(k) Plan assets safe?

 
 
6. Should I be nervous if I receive benefits from the Kodak Pension Plan?
 
 
7. After years of saving for my retirement, what do I do now?
 
 
8. Why it may be a good idea to leave your assets in the Kodak 401(k) Plan, between ages 55 and 59-1/2?
 
 
9. After bankruptcy, there are 3 major goals of Kodak going forward.
 
 
10. Is CNB in a better position than other financial institutions to help people with their financial needs?
 
 

You can also listen to the broadcast in its entirety here:

 
 

For questions, feel free to Ask a Planner or read more about options for Kodak Retirees.

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