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.

Insured: IRA CDs are typically insured by the Federal Deposit Insurance Corporation (FDIC) or National Credit Union Administration (NCUA) up to $250,000 per depositor, per account.

Question: Margaret in Clermont County: I’m 71. I have my granddaughter (who is 22) listed as the beneficiary of my IRA. Will she have to pay taxes on that money once she gets it?A: Yes, she’ll ...

IRA certificates of deposit can be tax deductible — but only if you meet specific income requirements and don’t have certain workplace benefits.

Key takeaways Both high-yield savings accounts and money market funds provide safe and accessible places to park your cash, ...

You can check whether your bank is FDIC insured on the FDIC BankFind Suite webpage. Or, call the FDIC at 877-ASK-FDIC (877-275-3342) and ask to speak with a deposit insurance specialist.

Money market accounts are FDIC insured up to $250,000, or NCUA insured up to the same amount per account.

Coverage limits The FDIC insurance coverage limit at most banks is $250,000 per depositor, per bank, per ownership category. Ownership categories include single accounts, joint accounts and trust ...

Banking The FDIC Is From the Government and Really Is Here to Help The FDIC has spent more than nine decades in action, so let's take a look at what it does and why it's so important for consumers.

When Catherine Bell put her money into Yotta, a fintech that promised savers a chance to win money just by saving more in its FDIC-insured accounts, it seemed like a no-brainer. The Federal ...

Both federal agencies protect consumer deposits at federally insured financial institutions. The difference is that the NCUA backs credit unions, and the FDIC covers banks.