Thursday, October 15, 2009

NEW FDIC DEPOSIT INSURANCE LIMITS

I know FDIC Insurance raised from $100,000 to $250,000. When will this end? My neighbor says the end of this year.

Roy

Roy, on May 20, 2009, the temporary increase of standard FDIC deposit insurance from $100,000 to $250,000 per account ownership type was extended through December 31, 2013.

Contact your bank for more information.

It is a pleasure serving you.

Larry Kopsa CPA

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