Is my money protected?

Money in your Acorns accounts is protected by entities like the Securities Investor Protection Corporation (SIPC) and Federal Deposit Insurance Corporation (FDIC). 

Here's how these safeguards work for your accounts.

 

SIPC Protection

This applies to your investment accounts. 

The Securities Investor Protection Corporation (SIPC) exists to protect your investments in case your brokerage firm goes bankrupt or has other financial troubles.

That means if you own cash and securities in a brokerage account, and the investment company goes under, SIPC will restore your funds to you, up to $500,000. It's there as a safety net for customers of SIPC members, like Acorns. 

SIPC and Acorns do not protect your investments from the normal ups and downs of the stock market — by nature, investments carry some level of risk. 

You can learn more about how it works at www.sipc.org.

 

FDIC Insurance

This applies to checking / debit accounts.

Acorns Checking and Acorns Early accounts are insured by the Federal Deposit Insurance Corporation (FDIC) up to at least $250,000 per depositor, per ownership category. 

The FDIC insures bank account deposits up to $250,000 per depositor, per bank. So, if you have multiple accounts in your name at one bank, we recommend adding up your balances to see if you're under the $250,000 limit.

FDIC insurance applies only to accounts held in the United States and its territories and possessions. 

Learn more about how FDIC Insurance works with your Acorns Checking account.

Your security is our top priority, so we’ll continue to invest in one of the best strategies and tools to keep your money and information secure.