Are money market mutual funds insured?

Answer Money market mutual funds are not insured by the FDIC because they are an investment rather than a deposit account. However, the Securities and Exchange Commission regulates the investments, so mon... Read More »

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

Are money market funds insured?

On One Hand: Money Market FundsMoney market funds are not insured. According to the Securities and Exchange Commission (SEC), money market funds typically invest in government securities, certifica... Read More »

Are money market mutual funds safe?

On One Hand: Excellent HistoryBusiness Week reports that money market funds are an extremely safe choice for investors; indeed, these accounts have lost money only once in recorded history. On that... Read More »

The Disadvantages of Money Market Mutual Funds?

Stashing your extra cash in a money market mutual fund can be a good move, but it is important to be aware of the potential pitfalls of this kind of investment. Before choosing a money market mutua... 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 »