No. of Recommendations: 0
----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!
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.