Comments on: FDIC Insurance Covers $100K. Who has more than that in cash? You do. http://www.christopherspenn.com/2008/07/15/fdic-insurance-covers-100k-who-has-more-than-that-in-cash-you-do/ Fri, 30 Jul 2010 00:22:36 -0700 hourly 1 http://wordpress.org/?v=abc By: Pittsburgh News http://www.christopherspenn.com/2008/07/15/fdic-insurance-covers-100k-who-has-more-than-that-in-cash-you-do/comment-page-1/#comment-3309 Pittsburgh News Tue, 15 Jul 2008 15:27:36 +0000 http://www.christopherspenn.com/2008/07/15/fdic-insurance-covers-100k-who-has-more-than-that-in-cash-you-do/#comment-3309 Thanks for the heads up! Thanks for the heads up!

]]> By: Daniel Johnson, Jr. http://www.christopherspenn.com/2008/07/15/fdic-insurance-covers-100k-who-has-more-than-that-in-cash-you-do/comment-page-1/#comment-3308 Daniel Johnson, Jr. Tue, 15 Jul 2008 11:09:28 +0000 http://www.christopherspenn.com/2008/07/15/fdic-insurance-covers-100k-who-has-more-than-that-in-cash-you-do/#comment-3308 The company where I work processes payroll for other clients. Several hundreds of thousands of dollars a day. The amount of time that the payroll from our clients stays in our accounts before it is disbursed into paychecks is very short: 2 to 3 days max.<br><br>That the company handles several hundred thousand dollars' worth of payroll may be one reason we have multiple accounts. The company where I work processes payroll for other clients. Several hundreds of thousands of dollars a day. The amount of time that the payroll from our clients stays in our accounts before it is disbursed into paychecks is very short: 2 to 3 days max.

That the company handles several hundred thousand dollars' worth of payroll may be one reason we have multiple accounts.

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