I am so sorry...I was wrong on FDIC-$250K ending date

On Oct. 3, President Bush signed the Emergency Economic Stabilization Act of 2008 that raised the amount in bank and savings accounts that the Federal Deposit Insurance Corp. covers from $100,000 to $250,000 per depositor.

But, the increase is only temporary. The basic FDIC deposit insurance limit will return to $100,000 after Dec. 31, 2009. The legislation did not raise coverage for retirement accounts, which is still $250,000.