ANSWERS: 2
  • Well according to a few professional, people who have the standard 401k, IRA's will really not be affected. As far as money is concerned if you not a risk taker or a investor on a large scale, you have nothing to worry about. That said, it will depend on who banks your IRA. Although in the end you should ask a financial advisor.
  • Wouldn't it depend on how you have it invested? Have it in something secure, not stocks. A few years ago, when stocks lost value, I had my money invested in something gov't. issued, so I didn't take a hit.

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