Are money market funds FDIC insured?

Answer 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 »

Top Q&A For: Are money market funds FDIC insured

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 »

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 Investments FDIC Insured?

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 »

Does the FDIC protect money market funds?

According to the Federal Deposit Insurance Corporation's (FDIC), money market deposit accounts "generally are insured by the FDIC up to the legal limit of $250,000 and sometimes even more..." Also ... Read More »