Ask Terry Questions FDIC or Money Market Fund?

FDIC or Money Market Fund?

By Terry Savage on August 07, 2026 | Investments

Hi Terry.
I have $900,000 in a Vanguard IRA Money Market Account . I am 71 and starting to think about RMD’s.
Should I be worried that this account in not FDIC insured.

Terry Says

No, I wouldn’t worry. But make sure you’re in the Vanguard FEDERAL money market fund– which buys only government securities. And make sure you have listed a beneficiary for this IRA!

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