are money market accounts safe 
money market accounts at a bank are insured by the federal deposit insurance corporation an independent agency of the federal government the fdic covers certain types of accounts including mmas up to 250 000 per depositor per bank 3 if the depositor has other insurable accounts at the same bank checking savings certificate of deposit they all count toward the 250 000 insurance limit for depositors who want to insure more than 250 000 the easiest way to accomplish that is to open accounts at more than one bank or credit union joint accounts are insured for 500 000 