06 Nov How do I know if my investments are covered by FDIC?

Q. I have several Certificates of Deposit in one bank and the amount is over $250,000. One of them is in an IRA. Are they all covered by FDIC or not?
— Saver

A. You’re smart to ask about what protections your savings have.

Here’s what to know.

Deposits that are held in different ownership categories at the same FDIC-insured bank are separately insured.

Standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. FDIC deposit insurance covers retirement accounts in which plan participants have the right to direct how the money is invested, including Individual Retirement Accounts (IRAs).

So your IRA would be insured up to the $250,000 limit, separate from your other account types at the same bank. “

CDs or other single accounts — an account owned by one person without named beneficiaries — such as checking or savings accounts that are titled/owned in your individual name and are held at the same FDIC insured bank, receive $250,000 in FDIC coverage in aggregate.

Also separately, each co-owner’s share of joint accounts held at the same FDIC-insured bank are added together and insured up to $250,000, for a total of $500,000 in FDIC coverage across accounts that are jointly owned.

To learn more about FDIC coverage limits, the various ownership categories that are separately insured , you can visit fdic.gov and click on “Deposit Insurance” under the “Resources” section of the website.

Email your questions to .

This story was originally published in November 2025. 

NJMoneyHelp.com presents certain general financial planning principles and advice, but should never be viewed as a substitute for obtaining advice from a personal professional advisor who understands your unique individual circumstances.