question 2 of 10 one sign that your money will be safe in a savings account is if there are usually security…

question 2 of 10 one sign that your money will be safe in a savings account is if there are usually security guards in the lobby it is held in a weatherproof box it is insured up to $250,000 by the fdic/ncua it is invested in stocks which are protected by the stock exchange

question 2 of 10 one sign that your money will be safe in a savings account is if there are usually security guards in the lobby it is held in a weatherproof box it is insured up to $250,000 by the fdic/ncua it is invested in stocks which are protected by the stock exchange

Answer

Brief Explanations:

The Federal Deposit Insurance Corporation (FDIC) for banks and National Credit Union Administration (NCUA) for credit - unions insure deposits up to $250,000. This is a key indicator of safety for savings accounts. Stocks are not related to the safety of savings accounts in the same way, and security guards in a lobby or a weatherproof box are not the main signs of money safety in a savings account.

Answer:

it is insured up to $250,000 by the FDIC/NCUA