Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 01-05-2021, 05:47 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 16,175
Originally Posted by ncbill View Post
There are services that chop up and distribute CD or money market funds through other member banks/credit unions so at each you end up below the insurance limit, but only have one account at your participating institution.

Originally Posted by smihaila View Post
Thanks for sharing such great tip! Is there any catch / risk that we should be aware of with CDARS?

I used this when I was CFO of a small company.... it works very well and your bank does all the work...

You can tell them which banks they need to exclude if you have money in it yourself as there are plenty of banks in the program...
Texas Proud is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
What To Do When FDIC-Insured Acct Exceeds $250K? SoReadyToRetire FIRE and Money 35 07-21-2020 01:24 PM
fdic insured accounts bridgezon FIRE and Money 11 07-29-2011 11:55 AM
FDIC Insured Savings Account Denominated in Foreign Currency? Lusitan FIRE and Money 13 07-26-2010 08:15 AM
Getting Multuple FDIC $250k insured accounts from One Source mtyke FIRE and Money 7 12-09-2008 05:57 AM
Poverty down, non-insured up to 16% Rich_by_the_Bay Health and Early Retirement 47 09-06-2007 03:08 PM

» Quick Links

All times are GMT -6. The time now is 11:01 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.