FDIC Insurance Limits


The FDIC Insurance limits have experienced a major increase as part of Congress’ economic bailout package.  The FDIC insurance limits have been increased to $250,000 per depositor.  For decades the limits were at $150,000.
Why Did Congress Increase the FDIC Insurance Limit?
The FDIC insurance limit increase is designed to give depositors confidence that their money will [...]


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ING Direct Savings Accounts Are FDIC Insured


One of the biggest questions that I get asked is whether ING Direct savings accounts are FDIC insured.  I am glad that a lot of people ask me this question, because it allows me to relieve their fears about ING Direct and it confirms to me that they understand the importance of protecting your money [...]


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