### Comment:
No the money markets are SIPC insured due to being in the brokerage account. $250k cash limit

### REPLY:
TD has it sweep into an FDIC insured cash account. 
  
  
 Edit: https://welcome.tdameritrade.com/retail-en_us/resources/pdfs/TDA_7002-0917_(Retail_Summary_Cash_Bal).pdf

### END.