Tuesday, March 14, 2006
U.S. Raising Insurance Limit For Retirement Accounts
The federal insurance limit for retirement accounts at banks will more than double to $250,000 this year - just in time for retiring baby boomers.
The increased coverage will apply to accounts such as Keoghs, individual retirement accounts and individual 401(k)s. The new limit could kick in as early as next month, although it will be in place in November at the latest.
Read full story: U.S. Raising Insurance Limit For Retirement Accounts
Source: Insurance News Net
The increased coverage will apply to accounts such as Keoghs, individual retirement accounts and individual 401(k)s. The new limit could kick in as early as next month, although it will be in place in November at the latest.
Read full story: U.S. Raising Insurance Limit For Retirement Accounts
Source: Insurance News Net
Permalink posted by armandn @ 6:59 AM 
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