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Tag Archives: Fdic Insurance
8 Types of Deposits Covered By FDIC Insurance in Banks – Part 3
Employee Benefit Plan Accounts Employee benefit plan accounts are deposits of a pension plan, profit-sharing plan or other employee benefit plan. Employee benefit plan deposits are insured up to $100,000 for each participant’s non-contingent interest in the plan. This coverage … Continue reading
Posted in Business, Financial Strategies
Tagged Corporations, Employee Benefit Plan, Fdic Insurance, Independent Activity, Insurance Coverage, Ownership Category, Participant, Partnerships, Pension Plan, Personal Accounts, Plan Accounts, Plan Administrator, Plan Assets, Plan Insurance, Plan Participants, Profit Organizations, Profit Sharing Plan, Stockholders, Unincorporated Association, Unincorporated Associations
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8 Types of Deposits Covered By FDIC Insurance in Banks – Part 2
Revocable Trust Accounts A revocable trust account is a deposit owned by one or more people that indicates an intention that the deposits will belong to one or more named beneficiaries upon the death of the owner(s). A revocable trust … Continue reading
Posted in Business, Financial Strategies
Tagged Beneficiaries, Beneficiary, Cousins, Death Pod, Family Trusts, Fdic Insurance, Grandchildren, Grantor, Insurance Purposes, Owner Signs, Payable On Death, Revocable Trust, Revocable Trusts, Settlor, Sibling, Signature Card, Totten Trust, Trust Account, Trust Relationship, Trustor
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The Push to Raise the Limits of FDIC
The push is on by the Bush Administration to raise the FDIC insurance on deposits to $250,000. For more information on what the FDIC currently covers see our recent articles on the FDIC.The FDIC insures close to $4.5 trillion in … Continue reading →