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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401k
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
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    • This entry was posted on Tuesday, November 11th, 2008 at 10:08 pm and is filed under Financial Planning. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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