Expert provides insight in protecting 401K

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The ups and downs on Wall Street partially due to COVID-19 are causing some people to be worried about their money.

Ted Schmelzle, senior director of retirement solutions at Securian Financial, joins 5 EYEWITNESS NEWS to discuss what is happening to some people’s 401K during this time of market fluctuations.

Schmelzle discusses how now is a good time to look into your accounts, but you may not need to do anything about it.

He’ll also answer how concerned young investors should be, what people who are nearing or in retirement should do and how long this market volatility will last.

Watch the video box above for the full interview.