What is the maximum amount insured per investor in a single FDIC institution?

• A. 100,000
• B. 250,000
• C. 500,000
• D. 1,000,000

Answer: (B)

FDIC insurance protects your deposits up to a limit at each insured bank. The maximum insured amount per depositor at a single insured bank is $250,000. This covers deposit accounts such as checking, savings, money market, and certificates of deposit. The limit is per depositor and per ownership category, so you can have more than $250,000 insured at the same bank if the funds are in different ownership categories (for example, individual and joint accounts). Investments like stocks, bonds, mutual funds, or annuities aren’t covered by FDIC insurance.