Author Topic: Non-brokerage Vanguard Account  (Read 535 times)


  • 5 O'Clock Shadow
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  • Posts: 79
  • Location: Boston, MA
Non-brokerage Vanguard Account
« on: April 28, 2020, 12:20:11 PM »
I had opened a taxable account at  Vanguard a few years ago that was not labeled brokerage account. I recently made a change to my accounts and moved that money into a brokerage account with a settlement fund. I had to call them and they said that they have been moving people into brokerage accounts.  My roll over IRA and Roth both say brokerage accounts.

I see why!  I just received an email from them saying that non-brokerage accounts are not insured by SPIC.

For anyone else that did not know that I suggest that you transfer the money like I did.