The Federal Deposit Insurance Corporation. You’ve seen their stickers at the bank. The FDIC insures your bank deposits up to $250,000. It’s a corporation wholly owned by the federal government. Provided that you keep your balances under the insured amount, even if your bank fails you can sleep easy knowing that you will get your money back (at some point).« Back to Glossary Index
A simple 12-step plan to leap over the wealth gap once and for all.