Here's how FDIC insurance works, what's actually protected, and why holding over $250,000 in cash can hold you back long term.

Once your savings climb past $250,000, you are no longer just a diligent saver, you are managing a balance that interacts ...

Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...

The FDIC was established in 1933 to protect deposit accounts in the event of a bank failure. FDIC-insured accounts are covered for up to $250,000 per depositor, per ownership category at an insured ...

The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you’ve deposited at an FDIC-member bank. The FDIC ...

FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were talking ...