lilbrat1250 lilbrat1250
  • 26-11-2021
  • Social Studies
contestada

how much does the fdic insure individual accounts for

Respuesta :

Wallameg000
Wallameg000 Wallameg000
  • 26-11-2021

Answer:

$250,000

Explanation:

The FDIC will insure an account for up to $250,000. One account can have more than this amount; however, if anything happens to this money, the FDIC will not replace it. Additionally, if an individual wants to put more than 250,000 in an account, they should put the money into different accounts, in different banks. This ensures the full amount is insured.

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