Often clients do not think about the limits on FDIC insurance when opening ... trusts (which includes informal trust accounts such as Pay on Death (POD) or As Trustee For (ATF) accounts are ...
Since the Federal Deposit Insurance Corporation was created, no bank account holder has lost any amount of insured cash. As of March 22, there are 5,626 FDIC-insured institutions in the United ...
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Some of the rules that protect wealthy savers' bank deposits just changed. Here's what to knowThe Federal Insurance Deposit Corporation ... "The bank no longer has to have POD in the account title or in their records as long as the beneficiaries are listed somewhere in the bank records ...
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