If the $250k is a reference to the FDIC limit, remember that is for a single account. There are products like Fidelity's Cash Management account that spread dep

If the $250k is a reference to the FDIC limit, remember that is for a single account. There are products like Fidelity's Cash Management account that spread deposits to multiple sub accounts with pass through insurance and can FDIC insure much more than $250k.