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 Funds Federally Insured?

Money market funds are not federally insured because such funds are investments that risk losing money in exchange for the possibility of higher rates of return. The exception are money market acco... 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 mutual funds insured?

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 »