Are cd accounts or money market accounts better?

Answer On One Hand: Interest RatesCertificate of Deposit (CD) accounts typically pay a higher interest rate than money market accounts. reports that in 2010, one-year CD interest rates on... Read More »

Top Q&A For: Are cd accounts or money market accounts better

How safe are money market IRA accounts?

On One Hand: What Are The Benefits?IRA money market accounts are a smart choice because it is tax deferred and has a steady interest rate. There are no taxes on the money in these accounts until it... Read More »

What are Treasury money market accounts?

Treasury money market funds are money market funds that are backed by the U.S. Treasury, according to The New York Times. The U.S. government stated it will guarantee these funds against up to $50 ... Read More »

Are money market accounts safe?

On One Hand: A money market deposit account is insuredThe Federal Deposit Insurance Corporation insures money market deposit accounts up to $250,000. These are usually available through banks. Your... Read More »

Are money market accounts protected?

A money market account is protected if it is held at a financial institution that is insured by the Federal Deposit Insurance Corporation (FDIC). Under the Federal Deposit Insurance Act, money mark... Read More »