How much does the FDIC insure?

Answer The FDIC is the Federal Deposit Insurance Corporation that insures deposits of account holders against bank failure. This is a federal corporation and its objective is to encourage consumer confide... Read More »

Top Q&A For: How much does the FDIC insure

Up to how much personal savings does the FDIC insure?

The standard FDIC insurance is currently $250,000 per depositor for a personal savings account; however, this insurance will be reduced back to $100,000 per depositor starting January 1, 2014. The... Read More »

How much does the FDIC insure for bank accounts?

FDIC stands for Federal Deposit Insurance Corporation, which is a government entity that backs many types of bank accounts. The agency was created in the 1930s in an attempt to instill confidence i... Read More »

Does the FDIC insure retirement accounts?

The Federal Deposit Insurance Corporation (FDIC) does insure retirement accounts. The FDIC sets limitations on how much some accounts can be insured for. For example, accounts like Roth IRAs, SEP-I... Read More »

Does the FDIC insure $100,000 per bank or per account?

FDIC insurance will cover up to $250,000 per person per insured bank until December 31, 2013. If you currently have more than $250,000 in deposits, spread the amount between multiple banks to keep ... Read More »