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What is a 401K? Once you have money in one, can you loose any of that money do to a failing the economy?

14 August 2010 No Comment

cluelessblue asked: My mom said her 401K was getting smaller and smaller and she is not sure why. so she was told to cash it in. is that the right thing to do?
Question posted courtesy of: Brent

What is a 401K? Once you have money in one, can you loose any of that money do to a failing the economy?

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