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Personal Finance and Investing

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jwirr

(39,215 posts)
Sat May 9, 2015, 10:16 AM May 2015

I moved my Social Security account out of banks and into Direct Express. This is supposedly an [View all]

account in the Feds Social Security account. In other words - directly from the SS account to me. What I learned is that the money is still in some bank down in Texas.

What I want to know (if any one knows): How is this money invested? Because it is in a bank is it still being gambled with like a regular savings account would be? Would it be better invested in a Credit Union?

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