Are 401(k)s Protected in a Bank Collapse?Featuring Sean Burke
If you have a 401(k) plan through your employer, the contributions are typically viewed as retirement savings. When markets and institutions falter, it’s natural to grow concerned over your nest egg. You may be wondering if your 401(k) funds are protected in a bank collapse. There are certain safeguards in place for these accounts, based on the types of investments you have and where you have them.
When considering how 401(k)s are impacted in a bank collapse, it can be helpful to know:
Are 401(k)s Protected in a Bank Collapse?Featuring Sean Burke
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