#Deposit Protection
Related posts · 6 posts
FDIC Deposit Insurance of $250,000 — Per Depositor, Per Bank, Per Ownership Category; Funds and Crypto Excluded
The FDIC's standard limit is $250,000 per depositor, per bank, for each ownership category. Only deposits such as checking, savings and CDs are covered; stocks, bonds, mutual funds, annuities and crypto assets are not, even if bought at a bank. Deposits in the same category at one bank are added together.
ISA in Korea — How Much Tax It Saves, How to Open One, and What Changes in 2027
On a 6 million won gain an ordinary account is taxed 924,000 won; a low-income ISA, 198,000. The savings in figures, whether the principal is protected, how to open one, and the 2027 reform bill.
Splitting Your Accounts — The Law Only Fixes Two Things
Korea's deposit protection cap is ₩100 million, not ₩50 million (amended 29 Jul 2025). And “15.4%” is not a figure in the statute.
Emergency Fund — One Month First, and Where It Is Actually Safe (2026)
No agency source for ‘three to six months’ turned up, and the line a US regulator drew was one month. Meanwhile the same ‘CMA’ sits in both the protected and unprotected column.
Deposit Protection at ₩100m — The Principal That Fits Is Not ₩100m
The cap covers principal and interest together, so at 3.5% the ceiling is ₩96.62 million. The higher the rate, the less principal fits.
Korean Deposit & Savings Maturity Calculator — After Tax
A 3.20% deposit beats a 3.45% savings account by 1.71× after tax. The savings rate would need 5.91% to match.