Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 2
Actually, this sounds like a reasonable compromise.

I agree. Frankly, I thought that $600 figure was ridiculously low. Even $10k in annual deposits or withdrawals is pretty low. Absent the exception for a couple of specific deposits, the new limit would still cover almost every reader here. And there are still plenty of people who will have more than $10k in deposits other than payroll or other specified beneefits.

To me, it sounds like this moved from basically every account to every account that matters. It's still quite a powerful tool.

--Peter
Print the post  

Announcements

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.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.