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TD Ameritrade Holding Corporation Message Board

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  • djinet djinet Sep 23, 2008 10:08 AM Flag

    Cash account not in cash...

    Thanks for your info. I got worried because there is a yellow ! box talking about The Reserve on my Balances and Positions page. I paste here the answer which I got from Customer Services:

    Thank you for giving me the opportunity to assist you today. Your sweep vehicle is a Money Market Deposit Account (MMDA) held at TD Bank USA, N.A., an affiliate of TD AMERITRADE, which is insured by The Federal Deposit Insurance Corporation (FDIC) for up to $100,000 in non-retirement accounts and up to $250,000 for IRAs and certain other retirement accounts. The MMDA is not invested in The Reserve.

    Thank you for contacting TD AMERITRADE. I hope that this information is helpful to you. If you have any additional questions, feel free to e-mail us again or call us at 1-888-871-9007.

    Robert W.
    Apex Client Services, TD AMERITRADE
    Division of TD AMERITRADE, Inc.

32.28-1.00(-3.00%)Jan 28 4:01 PMEST

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