1. User Guide
  2. Deposit Insurance Calculations as per FDIC 370
  3. ORC Classification and Insurance Calculation
  4. Revocable Trust Accounts (REV)
  5. Insurance Limit
  6. When the allocation across the beneficiaries is equal

5.3.6.4.3 When the allocation across the beneficiaries is equal

When the allocation across beneficiaries is equal, irrespective of the number of eligible beneficiaries, the Insurance limit of SMDIA is at a grantor level. In other words, the treatment is same as the case where the number of beneficiaries is five or fewer.