If you open an account at an institution accredited by the Federal Deposit Insurance Corporation (FDIC), funds you save in a savings account with an IRA or a CD with an IRA receive deposit insurance up to the legal limit. Even if the bank went bankrupt, you wouldn't lose the funds held in your IRA. When it comes to safety and security, IRAs are only as safe as you think they are, and while some regulatory protections protect your retirement accounts, it's up to you to invest your IRA assets wisely. By using a smart strategy to invest in your IRA, such as transferring 401k to Gold IRA, you can ensure that your IRA is as secure as possible while also achieving its underlying objective. In addition, the types of funds or other assets you invest in and the financial institution in which you open an IRA will also determine which IRA investments are the safest.