Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Saturday, September 13, 2008

Are Your Retirement Accounts Safe In Your Bank?

Less known is that since 2006, a traditional or Roth IRA, a Simplified Employer Plan (SEP) and several other types of retirement accounts that you hold in an FDIC insured bank are covered by insurance up to $250,000. This applies in addition to the $100,000 on your other accounts in the same bank..............

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