QUESTION:

Is a credit union IRA safer than a self-directed IRA in a brokerage house?

If I roll the money I receive from my company on retirement into a credit union IRA, will it necessarily be invested more wisely than I could do it myself, and how do I know what the credit union will invest in? That is to say, will the current market slump affect the credit union IRA the same way it affects self-directed brokerage accounts?
asked by Lemastre, 6/27/2009
Categories: Retirement Assets, Pre Retirement, Rollover and Withdrawals, Financial Planning for Retirement, Retirement Investing, 401k
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