Released: October 09, 2008

Know the rules to keep your cash safe

Source: Michelle Singletary, Washington Post (Free Registration)

Everywhere I go, I can feel the tension. People are naturally concerned about their investment portfolios, but increasingly they’re also worried about the safety of their cash.

An elderly couple wrote to me and asked the following:

“Can you help us understand the limits on insurance for CDs, money-market accounts, and checking accounts in banks, savings and loans, and credit unions?”

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