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Feature Article August 25, 2010

Extra Bank Fdic Insured Coverage - Two Solutions

- August 25, 2010, 10:28 am

$100,000 in bank FDIC coverage may be fine for many, but in Retirement Planning the need for expanded FDIC insurance is common. Nobody wants to end up like the hapless IndyMac depositors that were only given access to half of their uninsured deposits after the FDIC took over the bank. First thought on depositor's minds was "What happened to my money?" The second thought should have been "How do I make sure this NEVER happens

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