I previously wrote up the fact that higher FDIC limits on retirement accounts will go into effect no later than 1 Nov. Federal Deposit Insurance Corporation (FDIC) has finalized interim rules for higher FDIC limits much earlier than the time previously allotted it.
Effective 1 Apr 2006, retirement accounts will be covered up to $200k. Unable to attach specific article. However it's called: "Higher FDIC limit on retirement accounts begins April 1" and is available via google news.
The article is rather long but informative.
Wednesday, March 15, 2006
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This is the link:
http://www.kvue.com/sharedcontent/business/downing2/031506ccdrBizDowning.2ad14c98.html
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