What You Should Know About Higher FDIC Coverage for Retirement Accounts
A look at what’s changed with deposit insurance, what hasn’t, and how to get more information:
https://www.fdic.gov/consumers/consumer/news/cnfall11/retirementaccounts.html
Misconceptions: A Top 10 List
To help depositors avoid repeating the mistakes of others, FDIC Consumer News has compiled this “Top 10” list of misconceptions that some people have about FDIC insurance. This list is based on discussions with FDIC deposit insurance specialists, including representatives at our toll-free Call Center, which handles hundreds of calls a month from consumers asking about their deposit insurance.>
[read more]Ownership Categories: Certain Retirement Accounts
A retirement account is insured under the Certain Retirement Accounts ownership category only if the account qualifies…
[read more]FDIC Consumer News
Important Update: Changes in FDIC Deposit Insurance Coverage
The FDIC deposit insurance rules have undergone a series of changes starting in the fall of 2008. As a result, certain previously published information related to FDIC insurance coverage may not reflect the current rules. For details about the recent changes, visit Changes in FDIC Deposit Insurance Coverage. For more information about FDIC insurance, go to [www.fdic.gov/deposit/deposits/changes.html] or call toll-free 1-877-ASK-FDIC (1-877-275-3342). For the hearing-impaired, the number is 1-800-925-4618.