People should be aware of the $250,000 FDIC insurance limit and take appropriate action. Add a joint account holder, split among different account types, split

People should be aware of the $250,000 FDIC insurance limit and take appropriate action. Add a joint account holder, split among different account types, split among different banks, etc. When I sold the $1M house in NYC I inherited from my parents, I immediately split the proceeds among different bank accounts. And frankly, I am not that smart, nor that rich, but I do have a high respect for money.