Current Events — HabitableZone

Current Events » in reply to Splitting stashes

Yes.

But don't bother.

the FDIC has always paid off every penny, even to those who's $100,000 insured account had a balance of 10 million or more...So in reality your entire balance is insured...

My question is, why would anyone have more than $100,000 in a savings or checking account for an extended period of time? Inflation will eventually get you long before a banking crisis does.

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