How a Bank Failure Could Impact Your Retirement Funds
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.
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