Today I opened up a new money market account at my local bank. I have been worrying because I have too much money in that bank, far more than what is allowed for FDIC insurance.

You are allowed to have $100,000 per depositor, per insured bank.
That means a joint account with 2 names is insured for up to $200,000.

Today i opened another money market, paying 5.25% in my name only. It is a P.O.D. account, know as a payable on death. My husband is my beneficary and because this is considered an informal trust, it is also fdic insured for up to $100,000 for that account.

That is a relief off my mind. (Not that I expect the bank to fail)