grumpy
Thinks s/he gets paid by the post
- Joined
- Jul 1, 2004
- Messages
- 1,321
This is not really retirement related but here goes:
I help manage the finances and investments for our home owners association. We recently placed several jumbo CD's for 3 to 5 year terms ($225,000 each). The increased FDIC insurance limit of $250,000 is scheduled to expire after 2013. Does anyone know if these will be "grandfathered" with the higher insurance limit if the increase is not made permanent?
I help manage the finances and investments for our home owners association. We recently placed several jumbo CD's for 3 to 5 year terms ($225,000 each). The increased FDIC insurance limit of $250,000 is scheduled to expire after 2013. Does anyone know if these will be "grandfathered" with the higher insurance limit if the increase is not made permanent?