Move your money out of reach from Capitol Hill actions

[merrill]

Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Some are changing their spending habits while others are worried about their future quality of life.

www.nbcnews.com

Understanding Deposit Insurance | FDIC.gov

www.fdic.gov

If there is a huge run on financial institutions the FDIC may not be able to sustain the demand as a result of lost deposits etc etc etc

 

[Dekster]

Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Some are changing their spending habits while others are worried about their future quality of life.

www.nbcnews.com

Understanding Deposit Insurance | FDIC.gov

www.fdic.gov

If there is a huge run on financial institutions the FDIC may not be able to sustain the demand as a result of lost deposits etc etc etc

Well I am not going to bury it in Mason jars, buy gold or that ridiculous crypto nonsense so I guess I will have to trust that the FDIC will print me up some fresh new dollars if need be. I spread our cash out over several accounts and bank for that very reason

 

[merrill]

Well I am not going to bury it in Mason jars, buy gold or that ridiculous crypto nonsense so I guess I will have to trust that the FDIC will print me up some fresh new dollars if need be. I spread our cash out over several accounts and bank for that very reason

The FDIC will pay what it can which could be a nickel on the dollar.

 

[1srelluc]

Fear mongering thread.....Really?

 

[Dekster]

The FDIC will pay what it can which could be a nickel on the dollar.

and bitcoin could pay nothing and a mole could eat up my mason jar money. Life is a crapshoot.

 

[ReinyDays]

FDIC pays out only if the bank is insolvent ... not if you piss off your retirement in equities ...

Deregulation ...
Tax cuts ...
Rising interest rates ...

Seems to me, banks are getting everything they want from the government ... why do you think they're going bankrupt? ... as long as the Middle Class is losing money, the Rich (and their banks) are gaining money ... we've been fooled again, l what can I say? ... we elected a felonious whoremonger for President and he's acting like a felonious whoremonger ...

 

[Toddsterpatriot]

Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Some are changing their spending habits while others are worried about their future quality of life.

www.nbcnews.com

Understanding Deposit Insurance | FDIC.gov

www.fdic.gov

If there is a huge run on financial institutions the FDIC may not be able to sustain the demand as a result of lost deposits etc etc etc

If you pull out cash from your bank, the Federal Reserve will happily ship them more.