6
QuizMultiple Choice

Government Agencies

Question 6 • POP Financial Math 26/27

Which of the following is protected by the FDIC?

Answer
A
Deposits lost to identity fraud
B
Stock investments
C
Money market accounts
D
Annuities

Explanation

The FDIC insures eligible deposits held at insured banks, including money market deposit accounts, up to applicable limits. Stock investments and annuities are not FDIC-insured, and the FDIC does not reimburse losses caused by identity fraud. So the protected choice is money market accounts.

AI-written and checked against the verified answer.

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