Question

Which of the following is protected by the FDIC?

Options:
Option A: Deposits lost to identity fraud.
Option B: Stock investments.
Option C: Money market accounts.
Option D: Annuities.

Answer 1

Money market accounts (Option C) are typically insured by the FDIC, assuming they are held at an insured institution.

Step-by-step explanation:

The question asks which of the given options is protected by the FDIC (Federal Deposit Insurance Corporation). The FDIC is known for protecting various types of bank deposits within insured banks. When analyzing the options provided:

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• 
  
• 
  
• 
  

Therefore, the correct answer is Option C: Money market accounts, as they are the type of bank account typically covered by the FDIC.