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FDIC Consumer News
Important Update: FDIC Insurance Coverage Increased in Late 2008
In the fall of 2008, Congress temporarily increased the basic FDIC insurance coverage limit from $100,000 to $250,000 through December 31, 2009. In addition, the FDIC simplified the rules for the calculation of deposit insurance coverage for revocable trust deposits, including an expanded definition of the "eligible beneficiaries" for additional insurance coverage. As a result, certain previously published information related to FDIC insurance may not reflect the current insurance coverage. For more information, go to www.fdic.gov/deposit/deposits/index.html or call toll-free 1-877-ASK-FDIC (1-877-275-3342) Monday through Friday, 8:00 a.m. to 8:00 p.m., Eastern Time. For the hearing-impaired, the number is 1-800-925-4618.
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Winter 2004/2005
Wanted: Your Thoughts About Senior Citizens, Young Adults and Money
FDIC Consumer News is planning special reports intended to help young adults (mostly teens, college students and 20-somethings) and senior citizens do a better job handling their money. We're gathering information to help address some of the most important financial issues facing these important segments of our society — and for that, we'd like your help.
Send us your questions, suggestions or concerns on the topics you believe matter the most to these different generations. Write by April 1, 2005 to editor Jay Rosenstein (see Index page). Please include your name, address and phone number. No names will appear in print without permission. Note: While FDIC Consumer News cannot respond individually to your submissions, you can get answers to questions by calling or writing the FDIC as listed on the For More Information page.
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