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What happens to a bank account when someone dies?
You can’t take it with you, so what happens to your bank account after you pass on?
Joint bank accounts are equally owned by two or more people. Each account holder has their own FDIC insurance, doubling account coverage to $500,000. You should only share an account with someone you ...
Business accounts are FDIC insured up to $250,000 per depositor, per institution, per ownership type. Many, or all, of the products featured on this page are from our advertising partners who ...
FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money is safe for up to a limit of $250,000 per depositor, per FDIC-insured bank, ...
FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...
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