The cash balance on your Fidelity Management Account is typically swept into an FDIC-insured account. Your funds are insured for up to $250,000 (for a solo account) and $500,000 (for a joint one).

Fidelity Cash Management is an account that behaves like a high-yield checking account with an interest rate that is well above average. Even though Fidelity isn’t a bank, cash deposits up to $5 ...

Fidelity Investments, one of the largest asset management firms in the world, offers the Fidelity Cash Management Account among its portfolio of products. This account is technically a brokerage ...

The Fidelity Cash Management Account helps you invest, spend, and save. ... Cash held in your account is FDIC-insured (up to $250,000 for a solo account and $500,000 in a joint account).

Matt is a Certified Financial Planner™ and investment advisor based in Columbia, South Carolina. He writes personal finance and investment advice for The Ascent and its parent company The Motley ...