Some self-directed retirement accounts are eligible for FDIC coverage as well. These include Individual Retirement Accounts (IRAs), self-directed 401 (k) plans and profit-sharing plans.

These accounts would be insured by the FDIC. Since Roger has $300,000 on deposit (the IRA plus the Roth IRA) he would receive the FDIC's maximum coverage amount of $250,000 in case of loss.

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Additionally, assuming a money market account is held at a FDIC-insured institution (or NCUA-insured for credit unions), that means the money inside the account is also insured (up to $250,000 per ...

In your answer, you made the statement, "Bank money market funds are not FDIC-insured." I don't know which bank you refer to, but I have four money market funds at four separate savings and loans ...

FDIC insurance is essential for any bank account, but do online banks stack up. Here’s how to tell is an online bank is insured by the FDIC.

FDIC insurance covers CDs and other savings accounts up to $250,000 per depositor, per insured bank, per account ownership category. You should always put your money in an FDIC-insured bank.

Business accounts are FDIC insured up to $250,000 per depositor, per institution, per ownership type. Many, or all, of the products featured on this page are from our advertising partners who ...