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Author: SisypheanFool Big red star, 1000 posts Old School Fool Motley Fool One Everlasting Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35244  
Subject: Re: Bond and F-I FAQS Part 2: Savings Instrument Date: 2/3/2006 11:54 PM
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----FDIC and NCUA insurance is limited to $100,000 per individual account per bank/Credit Union. You may have different individual accounts at the same bank/CU if you have an IRA and/or a Roth IRA at the bank/CU in addition to a taxable account. Joint accounts are insured up to $200,000, and a couple may hold individual accounts (with spouse as beneficiary) plus a joint account (or joint accounts) at the same institution and get up to $400,000 worth of insurance.

Should be changed to co-owner or joint tenant.


Some really nice work there Loki, et al!
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