 And that $500K is per separate account. So you could have a joint account, an IRA, and a Roth, and you'd get $500K protection in each. But again, if the securities went missing or something, if the brokerage failed, that's completely independent of the SIPC stuff. But the good news is, since you owe no securities, you owe no securities no matter what. Same thing in a 401k. If a company goes out of business,