Quantcast
Channel: Bogleheads.org
Viewing all articles
Browse latest Browse all 6337

Personal Investments • Where to park $1.8mil?

$
0
0
Get a revocable living trust. In it, include multiple beneficiaries. Your FDIC insurance increases substantially - $250k per beneficiary per account owner if I remember correctly. So it you have 4 beneficiaries, you and your wife would have 2 million in insurance.

To calculate your FDIC insurance within a trust:
https://edie.fdic.gov/index.html

Statistics: Posted by LISD — Mon May 20, 2024 11:44 pm — Replies 21 — Views 4628



Viewing all articles
Browse latest Browse all 6337

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>