AcademicApplication1

AcademicApplication1 t1_jeaq36g wrote

Your 4o1k is invested in different mutual funds likely, or one mutual fund, it depends on what you chose, the management company you employer contracts with to manage your account, is the holder of the certificate of investment in the mutual fund, if you wanted you could get physical copies of your shares in the mutual fund, you would have to pay every month because your share amount increases. The management company could go under but whoever takes it over still holds your deposit certificate.

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