Betterment also offers $2 million of FDIC insurance for individual Cash Reserve accounts and $4 million for joint accounts, as well as a no-fee experience and no minimum balance. SoFi, one of CNBC ...

Money market accounts offered by banks are insured through the FDIC. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...

If you have $250,000 in a single account and $250,000 in an IRA at the same bank, the full $500,000 total would be covered by FDIC insurance because the accounts fall into different types.

such as IRAs, living trust accounts and payable-on-death accounts. To determine whether your bank is FDIC insured, look for the FDIC sign at the bank, go to FDIC.gov or call 877-275-3342.

The FDIC insurance limit has been the same for ... provide $250,000 in coverage per owner. Retirement accounts like IRAs receive their own $250,000 in coverage, separate from your other accounts.

Tens of thousands of Americans saved money in fintechs that said their money was FDIC insured. When things went wrong, that wasn't exactly true.

But behind the scenes, sweep accounts spread funds across a network of FDIC-insured banks, placing up to $250,000 at each. You can open an ICS account with any business bank that participates in ...

The story of Yotta, a fintech that lured savers with the chance to win cash prizes, has raised serious questions about the ...

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 ...