Money market accounts are protected by FDIC: https://www.consumerfinance.gov/ask-cfpb/is-a-money-market-a...
> Yes. Like other deposit accounts, money market accounts are insured by the FDIC and NCUA up to $250,000 for each account holder.
You're protected by something either way.
Money market accounts are protected by FDIC: https://www.consumerfinance.gov/ask-cfpb/is-a-money-market-a...
> Yes. Like other deposit accounts, money market accounts are insured by the FDIC and NCUA up to $250,000 for each account holder.
You're protected by something either way.