The FDIC's basic insurance limit is $250,000 per depositor.
Certain retirement accounts, such as individual retirement accounts (IRAs), continue to be insured up to $250,000 per depositor per insured bank.
If you and your family have a combined amount of $250,000 or less in all of your deposit account categories at the same insured bank, you do not need to worry about your insurance coverage, as your deposits are fully insured.
To learn more, contact the FDIC toll-free at 1.877.275.3342 from 8:00 a.m. until 8:00 p.m. ET or visit the FDIC website.