Thursday, January 8, 2009

Protect your assets - Be careful how you bank during economic crisis

As you probably know, in October, Congress approved the FDIC coverage increase on IRA, CD and business accounts from $100,000 to $250,000. This will extend until the end of 2009. So far, boring information, right? Well, TEC/Vistage speaker Edmond Freiermuth sparks up the issue with the following observations: