Where do u keep excess deposit > 250K?

Oracle
fFFv18

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fFFv18
Aug 21, 2018 33 Comments

I am sure many of you have savings more than 250K. Since FDIC only insures up to 250K only, what do you do with excess deposit to make sure it is covered by FDIC? I don't want to invest, as I would need this amount soon for home purchase

I know I can open accounts in other bank institutions and keep it there. just wanted to see if there are any other better options out there. TIA.

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