Transcription of FDIC: Your Insured Deposits
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FDIC: Your Insured Deposits
UPDATED 1/ 2020 FEDERAL DEPOSIT INSURANCE CORPORATIONYour Insured DepositsIMPORTANT INFORMATION ABOUT THIS BROCHUREYour Insured Deposits is a comprehensive description of Federal Deposit Insurance Corporation (FDIC) deposit insurance coverage for the most common account ownership categories. This brochure is not intended as a legal interpretation of the FDIC s laws and regulations. For additional or more specific information about FDIC insurance coverage, consult the Federal Deposit Insurance Act (12 et seq.) and the FDIC s regulations relating to insurance coverage described in 12 Part information in this brochure is based on FDIC laws and regulations in effect at publication. These rules can be amended and, therefore, some of the information in this brochure may become outdated. The online version of this brochure, available on the FDIC s website at , will be updated immediately if rule changes affecting FDIC insurance coverage are should note that federal law expressly limits the amount of insurance the FDIC can pay to depositors when an Insured bank fails, and no representation made by any person or organization can either increase or modify that brochure is not intended to provide estate planning advice.
TABLE OF CONTENTS 2 WHAT IS THE FDIC? 2 FDIC Insurance Coverage Basics. 3 Ownership Categories ... m Savings Incentive Match Plans for Employees ... Self-directed SIMPLE IRA held in the form of a 401(k) plan m Self-directed defined contribution profit- sharing plan •directed Keogh plan account (or H.R.10Self-plan account) designed for self ...
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