Ask Terry Questions T Bills — insurance?

T Bills — insurance?

By Terry Savage on March 11, 2023 |

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.

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