Are Series EE bonds insured like the FDIC does with banks?

Answer EE Bonds are not insured by the FDIC, the Federal Deposit Insurance Corporation. Instead, Series EE bonds are backed by the good faith of the United States government. Series EE bonds can be purcha... Read More »

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Is a cd offered by a fdic insured bank insured by government?

Certificates of deposit (CDs) from banks that are covered by the FDIC are insured by the government. As of 2010, the coverage protects the first $250,000 per person, per bank.References:FDIC: Insur... Read More »

Are funds with Fidelity Investments FDIC insured?

On One Hand: FDIC Does Not Insure InvestmentsThe Federal Deposit Insurance Corporation (FDIC) explicitly states on its website that it does not insure investment funds. Although the organization in... Read More »

Is the fixed income option with VALIC FDIC insured?

Non, the fixed income option for the Variable Annuity Life Insurance Company, or VALIC, does not carry any Federal Deposit Insurance Corporation (FDIC) insurance protection. The lack of coverage is... Read More »

Is AIG FDIC insured?

Deposit accounts such as checking and savings accounts and certificates of deposit opened with AIG Bank carry the standard FDIC insurance of $250,000 per depositor through Dec. 31, 2013, and then $... Read More »