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IRA and 401k Money Market Insurance

Is money market money insured by any insurance in an IRA or a 401k? If so, is there a limit to the amount covered?


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The only time funds are protected by the FDIC is if the 401k account is in a bank or Credit Union account.  More than likely your account is with a securities firm and there is no FDIC protection.

Posted 2009-07-08T22:50:00Z

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