Federal Deposit Insurance on an IRA

A question we are often asked is how is my IRA federally insured? The National Credit Union Administration (NCUA) insures deposit accounts held in a Traditional IRA or Roth IRA at the financial institution up to $250,000. The IRAs you own at your financial institution are viewed as a single account for insurance purposes. For instance, if you had $100,000 deposited in a Roth IRA account and $125,000 deposited in a Traditional IRA account at the same institution, they would be treated as one IRA deposit account containing $225,000. Since this is under the $250,000 limit per institution, your funds are insured.

If you have any questions about IRA deposit insurance or any other IRA related questions, please call one of our IRA experts at 800-821-5104.

  • Al Kauffman, Certified IRA Professional, at ext. 2840
  • Michelle Roxbury, Certified IRA Professional, at ext. 2876
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