Talk of The Villages Florida - View Single Post - If you pulled 250k out of the stock market....where would you put it?
Thread: If you pulled 250k out of the stock market....where would you put it?
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Old 06-12-2009, 04:04 PM
sbm sbm is offline
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Default FDIC Insurance
Not true that deposit insurance is reverting to $100,000 at year-end. Per the FDIC website "As of May 20, 2009 deposits at FDIC insured instituitions are now insured up to at least $250,000 per depositor thorugh December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAs and other certain retirement accounts which will remain at $250,000 per depositor." (I'm not that smart, I just work at a bank and know where to look).