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Insured insurance.(Letter to the editor)

Consumer Reports

| July 01, 2008 | McCaffrey, John | COPYRIGHT 2008 Consumers Union of the United States, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

You say in your May article "Savings: Where to Stash Your Cash Now" that the FDIC insures up to $100,000 per bank account. This is only partially right. You and your spouse can open a revocable trust account with your children as the beneficiaries upon your death. Example: John and Jane ...

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