Is my money protected?

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Your money with Acorns is protected thanks to 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

SIPC exists to protect your investments held in brokerage firms in case the 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 the customers of SIPC members, like Acorns. 

SIPC doesn’t protect your investments from the normal ups and downs of the stock market — by nature, investments carry some level of risk. The $500,000 of protection is there for a worst-case scenario with your brokerage firm and will hopefully help offer some peace of mind.

You can learn more about how it works at

FDIC Insurance

Your deposits in your Acorns Checking account are protected up to $250,000 — that's because our banking partners, Lincoln Savings Bank and nbkc bank, are both FDIC members.

The FDIC insures deposits in bank accounts up to $250,000 for each depositor. FDIC insurance generally covers each depositor per bank. What that means is if you have multiple accounts in your name at one bank, add up the 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. 

Here’s how you can learn more about how FDIC Insurance works with your Acorns Checking account.

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