Money market funds, distinct from money market deposit accounts, are a type of mutual fund that are regulated by the Securities and Exchange Commission (SEC). Regulations were significantly ...
Money market accounts are a great place to put your money because they offer great interest rates without sacrificing security or liquidity. We've provided a rundown on what money market accounts ...
What's the Difference? If you have money set aside and are wondering where to put it to earn interest, two options are money market accounts, known as MMAs, and certificates of deposit, or CDs. Both ...
Average money market rates are 0.64% according to the FDIC, but the best money market account rates are currently higher than 4% APY. A money market account functions like a savings account — it ...
Commissions do not affect our editors' opinions or evaluations. At first blush, a money market account may sound like the same thing as a money market mutual fund. However, these two financial ...
Money market yield measures the annualized return on short-term, low-risk investments like Treasury bills and commercial ...
Most money market accounts make accessing your funds easier than high-yield savings accounts. This is because money market accounts usually offer check-writing privileges, and in some cases ...
As a nationally recognized personal finance writer for the past decade, Jacob Wade has written professionally about banking and other consumer topics for Investopedia, Money.com, The Balance ...