One sign that your money will be safe in a savings account is if _____.
it is insured up to $250,000 by the FDIC/NCUA
One sign that your money will be safe in a savings account is if _____.
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One sign that your money will be safe in a savings account is if _____.
it is insured up to $250,000 by the FDIC/NCUA
One sign that your money will be safe in a savings account is if it is insured up to $250,000 by the FDIC (Federal Deposit Insurance Corporation) or NCUA (National Credit Union Administration). This insurance means that even if the bank or credit union fails, your deposits are protected up to that amount, ensuring the safety of your funds. Always look for this insurance when choosing where to save your money!