Guest
asked 8 months ago
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You can deposit whatever amount you want but it will only be insured up to $250.000.oo , also if you deposit
more than $9,999.00 in an individual account at one time a form will be issued to the IRS.
more than $9,999.00 in an individual account at one time a form will be issued to the IRS.
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Im with Fishwiz on this one, you can deposit however much you want, but you will only be insured up to a certain value depending on the bank you use. Also, I dont think you can take out more than a certain amount at a time. Your banker will know how much you are insured to and how much you can withdraw at one time, and they should be more than happy to tell you.
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