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A comment on Robinhood launches 3% checking account. Parent comment
It's not per type of account, it's per ownership category. Ownership categories are:
(1) Single accounts
(2) Certain self-directed retirement accounts
(3) Joint accounts
(4) Revocable trust accounts
(5) Irrevocable trust accounts
(6) Employee benefit (non-self-directed) plan accounts
(7) Corporation, partnership, or unicorporated association account
(8) Government accounts
https://www.fdic.gov/deposit/covered/categories.html
With a little bit of work, you can probably spread your money into a few of those categories without much problem and have more than $250k coverage, but it's not as easy as just having checking and savings.
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It's not per type of account, it's per ownership category. Ownership categories are:
(1) Single accounts
(2) Certain self-directed retirement accounts
(3) Joint accounts
(4) Revocable trust accounts
(5) Irrevocable trust accounts
(6) Employee benefit (non-self-directed) plan accounts
(7) Corporation, partnership, or unicorporated association account
(8) Government accounts
https://www.fdic.gov/deposit/covered/categories.html
With a little bit of work, you can probably spread your money into a few of those categories without much problem and have more than $250k coverage, but it's not as easy as just having checking and savings.