Banks Collapse 2023 | FDIC Insurance Explained
If you're worried about what the Silicon Valley Bank and Signature Bank's recent closings, you'll want to understand exactly what money that you have that might be at risk. In this episode, we cover why you might be worried, and if you are worried what you can do about it.

The FDIC insures bank deposits. When banks collapse, the FDIC insurance kicks in. It's important to know when a bank fails how much you are insured for.

Also, it's important to understand basic strategies to implement if you have more money in banks than the FDIC insures--what you can do about it.

00:00 Welcome
02:25 Basic FDIC
08:20 Businesses
10:22 Strategies

#acpmemberwisdom #financialplanning #bankcollapse

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Here's the FDIC insurance calculator that we mention in the episode:
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Here's a video we did about investing in CDs and Treasuries through brokerage accounts:
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Here's Bridget's firm website: [ Ссылка ]

John's firm website: [ Ссылка ]

For advisors around the US:
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Thanks for watching and please subscribe!

Use the following link to view the video transcript:
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