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You can open multiple accounts, most banks let you. There are ways to increase the insurance limit. Joint accounts are doubled and there are other ways to incr
by WheelsAtLarge 3y ago
You can open multiple accounts, most banks let you. There are ways to increase the insurance limit. Joint accounts are doubled and there are other ways to increase the total to more. But ya, ultimately it's not a whole lot more.
On the other side, how many people have $150,000 to lock up for a century. Not many...
- deleted 3y ago[deleted]
- vineyardmike 3y ago> how many people have $150,000 to lock up for a century Realistically 100yr and "the rest of their life" are synonymous, and plenty of people. Sure I don't have 150k in cash just hanging out in my checking account, but if I thought this would be a critical supplement to my retirement, then I could scrape 150k. My parents who are near retirement age certainly have 150k they could put here if they were so inspired.