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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.

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