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More and higher FDIC premiums are coming.(Federal Deposit Insurance Corp)(Brief Article)
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KiplingerForecasts
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January 20, 2006
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Copyright informationCOPYRIGHT 2006 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Congress is letting the FDIC raise its premiums as the limit on insured deposits of retirement funds in cash instruments rises from $100,000 to $250,000 this year. Starting in 2010, the insured limit for other bank accounts will be indexed to inflation, with accompanyingincreases inn premiums.
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