What are the Federal Deposit Insurance Corporation limits now, and how did they change under financial reform?
For years, consumers had $100,000 of FDIC coverage at each bank for single accounts, $100,000 for your share of joint accounts, and up to $250,000 for retirement accounts. The government temporarily raised the limits during the financial crisis to $250,000 for each of those types of accounts, and the financial-reform law made that higher cap permanent.
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