> The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. [1] Spread it around in multiple banks and it

> The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. [1] Spread it around in multiple banks and it's more money then I'm ever likely to accumulate in my savings. Although if you have that much money in the bank arguably you're missing out on much better returns in the market if you're young and have time on your side. [1]: https://www.fdic.gov/resources/deposit-insurance/ https://www.fdic.gov/resources/deposit-insurance/