Which category of accounts is NOT typically covered by FDIC insurance?

FDIC insurance is designed to protect depositors by providing coverage for certain types of accounts held at member banks in the event of a bank failure. It is important to note that FDIC insurance applies specifically to deposits, which include traditional savings accounts, certificates of deposit, money market deposit accounts, and checking accounts.

Brokerage accounts, on the other hand, are typically not covered by FDIC insurance because they involve investments rather than deposits. These accounts may hold various financial products, including stocks, bonds, mutual funds, and other securities, which are not considered deposits at a bank. While brokerage accounts may be protected under the Securities Investor Protection Corporation (SIPC), this protection is distinct from FDIC insurance and pertains to different types of financial risks.

Thus, the category that does not typically receive FDIC insurance is brokerage accounts, making it the correct choice. This understanding underscores the distinction between different types of financial accounts and the specific protections available to consumers.