Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The FDIC has issued final regulations that, as of April 1, 2024, will change ...

Congress should not expand FDIC deposit insurance. The current FDIC limit is well above what the typical American holds.

Almost every funded trust has one or more bank accounts—checking, savings, money market or certificates of deposit—and most of those accounts are insured by the FDIC. What many do not realize is that ...

It may sound unlikely, but yes, a bank can close your account without your authorization. In fact, a bank can close your account at any time for any reason, even without any prior warning. How often ...

If you’re planning to deposit a significant amount of cash into your bank account, there’s a specific threshold that could automatically trigger federal attention, even if everything you’re doing is ...

Thinking of taking $10,000 out of your savings account? Here's what happens when you do it -- and why the government will ...