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Hayley has $750,000. She is trying to find a way to make sure that it is all insured under the FDIC. Which of the following
Hayley has $750,000. She is trying to find a way to make sure that it is all insured under the FDIC. Which of the following could she do to have all her money insured? Select all that apply Question 9 Select one or more: a. Open up 3 separate bank accounts and put $250,000 in each. b. Put $500,000 in her joint account with her husband Derek, then put $250,000 in an IRA. c. Open up a bank account and deposit the maximum amount that the FDIC will insure, then keep the rest hidden under her mattress. d. Put half in her joint account with her husband Derek, a quarter in her IRA and a quarter in a bank account with her children Maggie and Michael listed as a beneficiary. e. Open up 2 separate bank accounts and put $350,000 in one and $400,000 in the other
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