Originally Posted by
stilloutthere
Unless the higher limit has been extended and I missed it, you will only get FDIC insurance for $100,000 after the end of the year, so if you are actually going to leave money in these accounts for a while, split it between two accounts so you will be fully covered.
How long have you been sleeping? FDIC coverage is now $250,000 and even higher much higher in most cases. The FED did this to stop the public from panic because things are reallly much worse than most people imagine. Just make sure you have an FDIC account.