The ABC's of FDIC Insurance
The FDIC has taken center stage in the news with the recent bank failures. If you're concerned about the safety of your money, it's important to understand how this insurance can help protect you. We'll break it down in simple terms in this special video.
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Alert: What the FDIC Doesn't Cover
If you keep a good amount of personal treasures in a safe-deposit box, make sure you know if you're insured. If it's located at a bank, don't rely on the FDIC. Make sure your homeowner or renters policy covers it. If not, consider a 'floater' policy. Read More.
Bank Fallout Continues
Here's what you need to know about the FDIC, your bank, and protecting your deposits. Read More.
Bailout Plan,
Take Two
The government recently had to step in to save IndyMac bank. If you're concerned for the safety of your money, here's how to protect your deposits. Read More.
Why Fannie and Freddie Needed to be Rescued
The government is taking unprecedented steps to keep Fannie Mae and Freddie Mac from collapsing. Here's what you need to know. Read More.
Insurance
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Invest Wisely
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Child Savings AccountsWhen opening a savings account for your child, make sure their Social Security number is used as the account's tax identification number. That way, as long as your child is under age 14, interest earned will be taxed at your child's lower tax rate, not at your tax rate. This rule holds true as long as your child earns less than $1,300 a year in interest. |
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