Are brokerage accounts insured?

Answer The Securities Investors Protection Corporation, a non-government entity, protects investors when a brokerage firm closes because of bankruptcy or other financial reasons. It insures up to $500,000... Read More »

Top Q&A For: Are brokerage accounts insured

Are Brokerage Accounts FDIC Insured?

Brokerage accounts are not included in the accounts covered by the Federal Deposit Insurance Corporation. The FDIC only protects against bank failure, not the loss of value of your investments.Sour... Read More »

Are checking accounts insured as saving accounts are?

The Federal Deposit Insurance Corporation (FDIC) insures all bank checking and savings accounts up to $250,000. However, the coverage amount is subject to change in January 2014, according to the F... Read More »

Is my pension insured in a Schwab brokerage account?

Schwab brokerage accounts are not FDIC-insured, meaning that any money put into a Schwab account or earned within the account can lose value that may or may not be regained. Any pension money, ther... Read More »

Are IRAs at Brokerage Houses Insured by the Federal Government?

No. Investments at brokerage houses are protected by the Securities Investor Protection Corporation (SIPC), which will cover your losses up to $500,000 in the event of brokerage house failure or fr... Read More »