Thread: concerned about FDIC insurance limit?
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Old 10-11-2007, 11:34 PM
Shoe Shoe is offline
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Default Re: concerned about FDIC insurance limit?
If reach the 500k limit, I believe you could open additional accounts at different brokerages (ameritrade, scottrade, etc....) that should insure and additional 500k - 1mil per account.

Note: Unfortunately I do not have this problem yet, so I am not 100% certain that the SIPC works the same as the FDIC when it comes to spreading your funds across different institutions.
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