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Finance → Retirement → Individual Retirement Accounts
ANSWERS: 1
  • Official Know-It-All
    The safety of money in an IRA depends on what the money is invested in. Some accounts, like money market deposit accounts and certificates or deposit, are covered by FDIC insurance, while other investments like stocks or mutual funds are riskier but offer the chance for higher returns.

    Source:

    IRS: IRA Rules

    FDIC: Insured or Not Insured?

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