Ways to Protect Your Money in the Bank

The fallout from the IndyMac fiasco is that we are getting an education on the different ways that we can protect our money.

If you have less than $100,000 sitting in your account, than you are insured through the FDIC.

If you have assets over that amount, it's time to look at what you can do to make sure that the excess doesn't disappear.

Keep in mind that the article reports that, "The FDIC does not cover money invested in stocks, bonds, mutual funds, life-insurance policies, annuities or municipal securities."

The site also has a link to a calculator that will show you what at level your personal exposure may be.