She Split $500,000 Between Two Banks for FDIC Protection. If They Merge, Half Her Coverage Could Expire Six Months Later

She did everything right, spreading her retirement cash across two FDIC-insured banks so every dollar had a safety net. Then the banks merged, and a six-month clock started ticking down on half her ...

She Split $500,000 Between Two Banks for FDIC Protection. If They Merge, Half Her Coverage Could Expire Six Months Later

She did everything right, spreading her retirement cash across two FDIC-insured banks so every dollar had a safety net. Then the banks merged, and a six-month clock started ticking down on half her ...

This story was originally published by 24/7 Wall St.. Use the link below to read the full article at the source.

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