NO! 1) do you have more than $250K in one account ? if not, don't panic. you are fine. go sleep, make love, make a baby. eat. rest. 2) if you do have more than $250K in one bank, you may want to spread out.
FDIC: checking saving...=$250K CD: $250K if you have IRA: another $250K. Husband and wife have separate accounts: limit X 2. you can easily do about $1 M in one bank
1) do you have more than $250K in one account ? if not, don't panic. you are fine. go sleep, make love, make a baby. eat. rest. 2) if you do have more than $250K in one bank, you may want to spread out.
Husband and wife have separate accounts: limit X 2. you can easily do about $1 M in one bank