T Bills — insurance?
Hi, Terry!
If I list my 3 children as beneficiaries, would I be FDIC insured for $750,000 on my T Bill purchase.
Thank you,
Terry Says
There is no FDIC insurance on T-bills. It is an IOU directly from the Federal government!
And there is no limit on the amount of T-bills you can, or should, purchase.
The Federal government is not going to default on its debt.
