Is the money market insured?

Answer The answer depends upon which type of money market account a person holds, according to the Federal Deposit Insurance Corporation. If you have a money market deposit account that is not used for an... Read More »

Top Q&A For: Is the money market 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 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 »

Is the Scottrade money market fund insured?

Like other money market funds, Scottrade's money market fund is not currently insured, though they were temporarily insured in 2008. Money market funds are generally very safe and have only rarely ... 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 »