Summary
As the financial system reels from one disaster after another, financial planners, estate planners and bank officials say they've been receiving calls from panicked savers concerned about the safety of their deposits.
The Federal Deposit Insurance Corp. guarantees bank deposits up to $100,000 per person, per insured institution. But what if you have a lot more cash than that?See the full content of this document
Extract
Finding Ways to Protect Deposits
For years, savers have gotten around the FDIC's $100,000 limit by spreading their cash across multiple institutions...
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