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FDIC and SIPC Insurance: What’s the Difference?
The Wealthfront Team
November 18, 2021
You’ve probably noticed when you go to a bank there’s usually a sign or placard announcing that deposits at that bank are FDIC insured. But what does FDIC insurance mean for you, and how is it different from SIPC insurance, the insurance you receive on your brokerage account? Here, we’ll break down what each kind of insurance covers and why it matters. 
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