Wednesday, September 17, 2008

Are your accounts FDIC insured?

With all the turmoil going on, I decided to verify that all my accounts are FDIC insured.  The only one I am really concerned about is my Money Market which is the core account for my brokerage account.  While the government says Money Markets are “generally insured” I’ve contacted my broker to make sure.  If you have any significant amount of money in an account, you might want to do the same.

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