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Politics : Ask Michael Burke

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To: marginmike who wrote (88275)1/11/2001 2:52:30 PM
From: Knighty Tin  Read Replies (1) of 132070
 
mm, You can have as many accounts insured at the same broker for as many different tax i.d. numbers that you have. For example, you can have an account under your SSN. Your kids can have a custodial account under their SSNs. Your wife can have an account under her SSN. Your co. can have an account under its tax i.d. But your IRA will be in the same insurance bundle as your regular account.

The limits are $500,000 per i.d. per broker on securities.
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