Are Money Market Investments FDIC Insured?

Answer The Federal Deposit Insurance Corp. (FDIC) provides insurance protection for qualified deposit accounts at member banks. Deposit insurance is currently provided up to $250,000 per depositor, per i... Read More »

Top Q&A For: Are Money Market Investments FDIC Insured

Are money market accounts insured by FDIC?

Yes, money market deposit accounts are insured by the FDIC (Federal Deposit Insurance Corporation). These accounts are insured up to $250,000, which is the legal limit. However, it is possible for ... Read More »

Are money market funds FDIC insured?

Money market deposit accounts are covered by FDIC insurance for up to $250,000 per person, per financial institution. Money market mutual fund accounts are not FDIC insured because they are investm... Read More »

Are Money Market Savings Accounts FDIC-Insured?

The Federal Deposit Insurance Corp. was created through the Banking Act of 1933, during the Great Depression. Its main purpose is to insure bank account holders against the loss of their deposits ... Read More »

Are td ameritrade money market funds fdic insured?

TD Ameritrade notes clearly in its investor information that money market mutual funds are not insured by the FDIC. This precaution applies to the TDAM Money Market Portfolio, as well as to other m... Read More »