9.2: How Are My Deposit Accounts Insured by the FDIC?
Use this tool to learn the basics about FDIC-insured deposit accounts and deposit insurance coverage guidelines. For more detailed information about your specific situation, you can use the Electronic Deposit Insurance Estimator (EDIE) .
Single AccountA deposit account owned by one person, without named beneficiaries |
Coverage Limit:
$250,000 per owner |
Certain Retirement AccountA retirement account in which plan participants have the right to direct how the money is invested |
Coverage Limit:
$250,000 per owner |
Joint AccountA deposit account owned by two or more people, without named beneficiaries |
Coverage Limit:
$250,000 per co-owner |
Revocable Trust AccountA deposit account owned by one or more people that identifies one or more beneficiaries who will receive the deposits upon the death of the owner(s). This includes both formal “Living” Trusts and informal ITF/POD accounts |
Coverage Limit:
Owner insured $250,000 for each unique beneficiary designated |
Irrevocable Trust AccountA deposit account held in connection with an irrevocable trust established by statute or a written trust agreement |
Coverage Limit:
$250,000 for the trust – more coverage available if requirements are met |
Employee Benefit Plan AccountA deposit of a pension plan, defined benefit plan or other employee benefit plan that is not self-directed |
Coverage Limit:
$250,000 for the noncontingent interest of each plan participant |
Corporation, Partnership, or Unincorporated Association AccountDeposits owned by corporations, partnerships, and unincorporated associations – including for-profit and not-for-profit organizations |
Coverage Limit:
$250,000 per corporation, partnership or unincorporated association |
Government Account |
Coverage Limit:
$250,000 per official custodian |
Contributors and Attributions
- Authored by : Federal Deposit Insurance Corporation. Located at : https://www.fdic.gov/deposit/covered/categories.html . License : Public Domain: No Known Copyright