When will the FDIC: Federal Deposit Insurance Corporation $100,000 limit on non-retirement accounts increase? - deposit insurance corporation of ontario
When increasing the FDIC: Federal Deposit Insurance Corporation limit of $ 100,000 in retirement accounts?
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Tuesday, January 12, 2010
Deposit Insurance Corporation Of Ontario When Will The FDIC: Federal Deposit Insurance Corporation $100,000 Limit On Non-retirement Accounts Increase?
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Congress is considering legislation to the federal government increase deposit insurance at banks, savings associations, loan and credit. Currently, the first is covered is $ 100,000 in an account. She'd passed recently by the House to raise the limit to $ 130,000 for most accounts up to $ 260,000 for retirement accounts. It began in May 2002 in a resolution passed Bill HR3717.
http://www.cbo.gov/ftpdoc.cfm?index=3441 ...
Opponents say that because almost all of the national accounts under the current limit are fully covered. Moreover, the real value of reporting is almost twice that in the period 1934-1969, and was enough to achieve the main goal of deposit insurance to prevent bank runs and failures to achieve the financial markets. Moreover, because they want candidates who more
Coverage may, by its funds into several accounts, the current limit can be achieved, seldom enforced.
The bill was introduced in 2005.
http://www.cbo.gov/ftpdocs/63xx/doc6342/ ...
At this time, oruntil a date for the increase becomes effective.
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