Resources and Links

Found Money
August 23, 2010, 9:20 am

Do you remember receiving a savings bond from a relative in celebration of your high school graduation, birthday or other notable occasion? What did you do with it? Do you know where it is? If the bond is more than 30 years old, it has stopped paying interest.

The Department of Treasury has more than $16 billion worth of savings bonds that were issued more than 30 years ago and are fully matured. These bonds are likely worth four or more times their face value, but are no longer earning interest. In order for the owners of these bonds to begin earning a return again, the bonds must be cashed-in and the proceeds reinvested. 

Are Your Bank Accounts Fully Insured?
August 16, 2010, 9:52 am

The Federal Deposit Insurance Corporation (FDIC) is the entity that pays depositors when a bank fails. What you need to understand is that the amount per account is limited and some types of accounts are not covered at all.  

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government. The agency provides deposit insurance to over 8,500 banks and savings associations. If an insured bank fails, the FDIC steps in to reimburse depositors. The maximum that a depositor can receive is $250,000 per account type.

 

Long-term Care Insurance Provisions
August 2, 2010, 8:37 am

Statistics indicate that one out of every three men over the age of 65 years will spend some time in a nursing home. For women, the odds are one out of two. Long-term care insurance is one means of providing the cost for this type of care. 

Current Articles