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The SVB Situation and Your Financial Picture

Integrity Financial Planning

If the whole banking sector experiences bank runs and the FDIC can’t cover insured amounts, the Federal government usually steps in to support the FDIC as well. However, the Electronic Deposit Insurance Estimator (EDIE) from the FDIC can simplify the process of checking if your deposits are eligible for government deposit insurance.

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The 8 Best Guaranteed Interest Investment Accounts for Your Money

Good Financial Cents

The issuing institution offers the guarantee, like a bank, credit union, or government agency. Examples include Certificates of Deposit (CDs) , High-Interest Savings Accounts, etc. Treasury Inflation-Protected Securities Treasury Inflation-Protected Securities (TIPS) are a type of government bond offered by the U.S. government.

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Why do Physicians Need Financial Advisors and How to Find Them

WiserAdvisor

Under the PSLF, physicians working for government or non-profit organizations may qualify for loan forgiveness after making 120 qualifying repayments over ten years. They are exposed to the potential threat of lawsuits from patients, which is why they need comprehensive insurance coverage.

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The 5 Pillars of Retirement Planning You Should Be Aware of

WiserAdvisor

Health insurance can be instrumental in tackling the escalating costs of healthcare. Insurance serves as a crucial safety net and shields your retirement savings from being depleted by unforeseen medical expenses. Many retirees also rely on bonds and Certificates of Deposit (CDs) to generate steady income.

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Protecting What’s Yours (After You Pass) 

Yardley Wealth Management

Various trusts can also be combined with targeted insurance coverage, to help fund critical financial gaps. List other helpful information for your trustees or executors: Where will they find your will, trust, and any additional estate planning documents (marriage/divorce certificates, military records, etc.)?

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Protecting What’s Yours (After You Pass) 

Yardley Wealth Management

Various trusts can also be combined with targeted insurance coverage, to help fund critical financial gaps. Life insurance may be an affordable way to resolve the challenge. . If you don’t say otherwise, your state’s laws typically govern who gets what. What about a favorite babysitter, pet sitter, or nearby neighbor?

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How to protect your Cash

MainStreet Financial Planning

Even though the federal government has rescued SVB and guaranteed all deposits over the FDIC insurance limit of $250,000 per account, that doesn’t mean they will be doing it again for other banks. Let’s review and recap how Federal Deposit Insurance Corporation (FDIC) insurance works and what other alternatives are available.