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Is Your Money Safe?

CNBC's Erin Burnett explains how safe your money and offers analysis on the safety of FDIC-backed bank accounts, 401(k)s, and IRAs. The advice is still the same says Burnett. She says to pay down debt and put a couple months salary in a savings account in case you lose your job. She also says to max out your contributions to your 401k.

Update 10-6-08: Some more bank savvy advice here from the Boston Herald.



Posted on 2008-10-03




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