With the failure of Silicon Valley Bank, many investors have been worried about if their money is protected. In this episode, we take a detailed look at the protections provided by FDIC and SIPC insurance and how they work in the real world. We also look at protections available for depositors at credit unions, cash value in life insurance policies and a lot more.
02:23 - What are FDIC and SIPC insurance?
03:56 - FDIC insurance limits
06:01 - The details of SIPC protection
06:33 - The origins of SIPC insurance
08:52 - How to find out if your account is protected
10:09 - How FDIC protection works with multiple accounts
13:19 - What happens when a bank is taken over?
16:45 - Hybrid entities that blend FDIC and SIPC protection
18:58 - How accounts above the FDIC limit are handled in the real world
22:55 - Protections for insurance policies and credit unions
24:42 - How investors are responding to the Silicon Valley Bank failure
29:38 - The biggest lessons from this episode
#fdic
#sipc
#siliconvalleybank
ABOUT THE PODCAST
Learning how to be a financial planner is one thing. Doing it is another. Follow along with new financial planners Jack Forehand (@practicalquant) and Justin Carbonneau (@jjcarbonneau) as experienced veteran Matt Zeigler (@cultishcreative) helps them navigate the complex world of financial planning and learn about the most important topics that impact all of our financial futures. From investments to retirement to college planning to estate planning to insurance and beyond, we will cover the major financial planning issues that impact all of our lives and will provide a framework to help investors tackle them. We hope you will join us on our learning journey.
SEE LATEST EPISODES
[ Ссылка ]
FIND OUT MORE ABOUT VALIDEA CAPITAL
[ Ссылка ]
FIND OUT MORE ABOUT SUNPOINTE INVESTMENTS
[ Ссылка ]
FOLLOW JACK
Twitter: [ Ссылка ]
LinkedIn: [ Ссылка ]
FOLLOW JUSTIN
Twitter: [ Ссылка ]
LinkedIn: [ Ссылка ]
FOLLOW MATT
Twitter: [ Ссылка ]
LinkedIn: [ Ссылка ]
