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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FDIC: http://www.fdic.gov/