FDIC/NCUA Maximization........

hanover1010 | Jun 23, 2023 | 6 posts since 2022

Is there a way to get 750K insurance coverage for one single CD using just 3 people?

Answers

111 | Jun 23, 2023 | 672 posts since 2019

Sure.
1) 3 joint owners, or,
2) 1 owner plus 3 PODs.
Don't fall for the suggestion of 1 owner plus 2 PODs - that only gets you 500K.

There are other permutations but these are perhaps the simplest.

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