ANSWERS: 1
  • IRAs, or individual retirement accounts, in certificate of deposit or savings accounts at financial institutions that are FDIC-insured have federal insurance. The maximum amount of federal deposit insurance on IRAs is $250,000 per person at each insured financial institution. Investment products like annuity, mutual fund and stock IRAs do not have federal insurance.

    Source:

    FDIC: Are my Deposits Insured?

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