Tax News & Information
Current FDIC Insurance Coverage
On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act permanently raised the maximum FDIC insurance to $250,000 per depositor, per insured bank.
While this is great news, this may still be inadequate insurance coverage for individuals with significant assets or for families with all of their assets housed at one institution. For more information on the current insurance coverage limits and requirements, visit the FDIC website.
You can also review the various account ownership categories to determine account specific coverage limits and requirements here.
Helpful Documents
Davis Bacon Act GuidelinesView our quarterly Tax Newsletter
