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The SVB Situation and Your Financial Picture

Integrity Financial Planning

If you have bank accounts covered by the FDIC of under $250,000 (or $500,000 for a jointly owned account with your spouse), your money is legally insured from a potential bank failure. IRAs, trusts, and other accounts are also subject to limits on coverage amounts.

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Why do Physicians Need Financial Advisors and How to Find Them

WiserAdvisor

This often leads to the acquisition of luxury items, expensive electronics, big homes, high-end vehicles, extravagant vacations, and various other indulgences. They are exposed to the potential threat of lawsuits from patients, which is why they need comprehensive insurance coverage.

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How to protect your Cash

MainStreet Financial Planning

Determining the total coverage for trust accounts can be more complex since you will have to examine beneficiary designations. FDIC also has a very useful calculator FDIC’s Electronic Deposit Insurance Estimator (EDIE). Are my Retirement Accounts, such as IRA, 401k, or Investment Brokerage Insured?