Will the Fed Rate Cut Effect my 401K?


The Federal Reserve cut rates last week and some people worry it will effect their 401K's.

KTRH Money Man Pat Shinn says, "The market is a little unpredictable right now and how it will effect you depends on your age and how close you are to retirement."

He says "For now, the best you can do is watch the market carefully and don't panic and if you have questions or concerns about your 401k talk to your financial adviser."

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401k box full of paper money

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