SIPC
SIPP INDUSTRIES INC NEW
stock OTC

https://www.fidelity.com/learning-center/smart-money/sipc
>If your securities and cash exceed the standard amount of SIPC coverage, you can check if your brokerage firm offers excess SIPC coverage. This can extend your coverage past the baseline $500,000. For instance, **Fidelity provides its brokerage customers excess of SIPC coverage with no per-customer dollar limit on securities. There’s a per customer limit of $1.9 million on coverage of cash awaiting investment. Total aggregate excess of SIPC coverage available through Fidelity's excess of SIPC policy is $1 billion.**

Fidelity has coverage far and above the standard SIPC limits.

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*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

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*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

SIPC insurance on spot ETFs like FBTC

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*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

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*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

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*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

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Hey there, u/Uniffxiv.
Since the Fidelity Government Money Market Fund (SPAXX) is a security, it's covered by the Securities Investor Protection Corporation (SIPC), a nonprofit organization that protects stocks, bonds, and other securities in the event a brokerage firm goes bankrupt and assets are missing. The SIPC will cover up to $500,000 in securities, including a $250,000 limit for cash held in a brokerage account. You can learn more about SIPC through the page below.
[Account Protection](https://www.fidelity.com/why-fidelity/safeguarding-your-accounts)
If you have other questions about account protection, we're here to help!

No, it's SIPC. At the end of the day, it is just as safe.

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*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

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*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This was removed for violating rule #10: **keep posts within the scope of customer care, market news, or general investing discussion**.
The focus of this commnity is investing education and Fidelity customer care, including discussions about money movement, transfers, and trading. This sub is not intended to address inquiries that go beyond the scope of normal service.
Please consider if your question is one you’d ask to a Fidelity support representative. Off-topic posts may be removed.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

Well owning stock is literal ownership of a company, of in the case of ETFs it's ownership in hundreds if not thousands of companies that all have the sole goal of making money and enriching their share holders.
Basically all retirement in the US is predicated on investing in the markets, so not doing it just setting yourself up for no retirement.
You will be able to recover the account if you forget about it, even if its a hassle to do so and if will continue to grow even if you forget about it.
Unless the platform you use commits actual fraud, your accounts are safe and will just be relocated to a different broker with your assets in tact, there is also SIPC insurance with is similar in a way to FDIC insurance for banks.
If you die your next of kin will inherit the money/assets in the account(s).