Changes to FDIC Insurance Coverage for Fiduciary Accounts

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Finance News

FDIC,Insurance Coverage,Fiduciary Accounts

Customers with fiduciary accounts may see reduced FDIC insurance coverage limits due to new changes that took effect on April 1st.

Los clientes bancarios que tienen cuentas fiduciarias pueden ver reducidos sus límites de cobertura de seguro de la FDIC debido a los nuevos cambios que entraron en vigor el 1 de abril.

Cada beneficiario del fideicomiso puede tener un límite de seguro de $250,000 para hasta cinco beneficiarios. Sin embargo, si hay más de cinco beneficiarios, el límite de cobertura de la FDIC para la cuenta fiduciaria sigue siendo de $1.25 millones. "Si estás en esa situación, tienes que trabajar con el banco, porque es posible que no puedas cerrar la cuenta o cambiarla hasta que venza", dijo Tumin.En consecuencia, los inversores con $250,000 en un fideicomiso revocable y $250,000 en un fideicomiso irrevocable en el mismo banco pueden ver reducida su cobertura de la FDIC de $500,000 a $250,000, según Tumin.

 

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