Iniles, thanks for the NCUA link. I am glad to know that Navy Federal (Virginia) is top of the list or Number One. Not to gloat but we have more than 300K in NFCU in various accounts (IRA’s, CD’s, Savings, etc.), so I was a bit concerned too. We also bank with Wells Fargo and Citibank. We tried to diversify.
Our 401K’s have sufferred loses these past several weeks. I could check the ever-changing 401K balances online everyday, but what’s the point. It gets depressing to see conservative 401K accounts diminish everyday. Our 401k’s are with Fidelity, Prudential, and Mitchell Benefit. I am sure I am not the only one who worries about 401K balances and defined benefit pension plans negatively affected. Will the promised nest eggs still be there when it is time to collect?
