Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> Per account.

Per account "type" and structure. For DDAs if you are married it will be:

You: $250k

Your+your wife: $250k

You POD your wife : $250k

Your wife: $250k

Your wife POD you: $250k



What's POD in this context?


Payable on Death...


What @htrp said - payable on death.


DDAs?


Demand Deposit Account - the kind of account that allows for cleared funds to be withdrawn without advanced notice. Probably 99.999% of accounts such as checking and savings one can write checks/do ACH payments/send wires/transfer money from fall into this category.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: