What happens to uninvested cash in my account?

Funds received into your account are deposited into an interest-bearing custodial account maintained with our parent company, Horizon Bank, or other financial institutions selected by STRATA. Cash balances are eligible for FDIC insurance coverage up to $250,000 per account holder, subject to applicable limits.

FDIC coverage applies only to uninvested cash. Investments held within your IRA are not insured or guaranteed unless protection is specifically provided by the investment itself.