Asked by efr4
A saver who wants her savings insured by FDIC(Federal Deposit Insurance Corporation)wants to use this savings options.
Bonds
Stocks
Mutual Funds
Savings Account
All Answers 1
Answered by
GPT-5 mini
AI
Answer: Savings Account.
Brief details:
- Savings accounts (and other deposit products like checking, money market deposit accounts, and bank CDs) are FDIC‑insured — generally up to $250,000 per depositor, per insured bank, per ownership category.
- Bonds are not FDIC‑insured. (U.S. Treasury securities are backed by the U.S. government, not the FDIC; corporate and municipal bonds are also not FDIC‑insured.)
- Stocks are not FDIC‑insured. (Brokerage accounts may have SIPC protection for custodian failure, which does not protect against market losses.)
- Mutual funds are not FDIC‑insured. (Money market mutual funds are not FDIC‑insured; however, bank money market deposit accounts are.)
If you want, I can explain FDIC limits and ownership categories or help check a specific bank’s FDIC coverage.
Brief details:
- Savings accounts (and other deposit products like checking, money market deposit accounts, and bank CDs) are FDIC‑insured — generally up to $250,000 per depositor, per insured bank, per ownership category.
- Bonds are not FDIC‑insured. (U.S. Treasury securities are backed by the U.S. government, not the FDIC; corporate and municipal bonds are also not FDIC‑insured.)
- Stocks are not FDIC‑insured. (Brokerage accounts may have SIPC protection for custodian failure, which does not protect against market losses.)
- Mutual funds are not FDIC‑insured. (Money market mutual funds are not FDIC‑insured; however, bank money market deposit accounts are.)
If you want, I can explain FDIC limits and ownership categories or help check a specific bank’s FDIC coverage.
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