Seems like a good idea before there is a bank run due to various reasons. Do I have to report a withdrawal of like 5k?
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Could be. They didn't ask me to fill anything out, so I felt comfortable with the amount. Little by little, I've built up a bit of a stash in my safe.
I had $50k but over the last two years we have had to live on that due to a medical and household emergencies. Like installing a wood burner and installing a new septic system.