Am I missing something or is there simply no recourse if you lose your money over $250k (the FDIC limit)? The article mentions the FDIC limit but doesn't mention any kind of equivalent guarantee from Goldman Sachs (as if there would be one...).
this post was submitted on 02 Mar 2024
6 points (75.0% liked)
Apple
715 readers
1 users here now
Welcome to the Apple community! This is a place to discuss everything related to Apple, including products, software, services, and discussions.
General discussions about Apple products, updates, tips, troubleshooting, and related topics are welcome. However, for specific technical support, account-related inquiries, warranty issues, and other specific concerns, please direct them to official Apple support channels.
Rules
- Stay on topic: All posts should be related to Apple products, software, or services.
- Respectful discussions: Treat fellow community members with respect and engage in constructive discussions. Avoid personal attacks, harassment, or offensive language.
- No support inquiries: Please refrain from posting individual support inquiries or account-related issues. Use official Apple support channels for assistance.
- No spam or self-promotion: Do not post spam or self-promotional content. This includes links to personal websites, blogs, or products/services.
- No illegal content: Do not share or discuss illegal content, including piracy, hacking, or copyright infringement.
- No misleading information: Avoid spreading false or misleading information about Apple or its products.
- No inappropriate content: Do not post or link to any inappropriate or NSFW (Not Safe for Work) content.
- No off-topic discussions: Keep the discussions focused on Apple products, software, services, and related topics. Avoid unrelated or off-topic discussions.
founded 1 year ago
MODERATORS
I believe that’s correct, yeah. 250k is the limit, per bank per account type. So if you have 250k on a chase savings account, 250k in a chase checking, you’re covered. Open another savings or checking, and they WONT be covered.
That is my understanding anyway.
This is correct to my understand as well.