With recent bank failures, like Silicon Valley Bank and Signature Bank, dominating the news, it's crucial for account owners to familiarize themselves with FDIC coverage limits to ensure their deposits are adequately protected.
In our latest guide, Protect Your Deposits: FDIC Coverage Limits Explained, we touch on FDIC coverage categories along with unique rules and protection under different account types, like:
- Individual accounts
- Joint accounts
- Retirement accounts
- Revocable trusts
- Irrevocable trusts
This guide also provides an update on the new rules for revocable and irrevocable trusts going into effect April 2024.
Taking the time to educate yourself on FDIC coverage can provide peace of mind and ensure the safety of your deposits. Download our guide now for more information.
