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> FDIC limit should be way higher anyway (when was the last time it was raised?) In 2008 it was raised from $100K to $250K. The increase in the FDIC limit has
by Denvercoder9 4y ago
> FDIC limit should be way higher anyway (when was the last time it was raised?)
In 2008 it was raised from $100K to $250K. The increase in the FDIC limit has actually outpaced inflation since its establishment in 1934, when it was $2500, which is $56K inflation-adjusted today.