Yeah I learned my lesson hard in 2008. I was a state employee and they automatically put 10 percent of our pay into the Public Employees Retirement Fund. And then matched it dollar for dollar. I’d worked for them for about 2 years and despite only making 11 bucks an hour, had a little of 15k in it. I followed the advice of the fund a manger and let it sit as the collapse happened. I lost close to 90 percent, 4.5 years later when I left the state, i was forced to withdraw what little I had left, about 3500 bucks before taxes and penalties. I would have been able to roll it over but the new company’s policy was no roll overs until 90 days, I got laid off at day 87. And because it was a public employees only account, I was not allowed to keep it in, so they forced me to accept the withdrawal
