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 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. Mortgageloan.com reports that in 2010, one-year CD interest rates on... Read More »
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Top Q&A For: Are cd accounts or money market accounts better

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 »
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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 »
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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 »
http://www.answerbag.com/q_view/1868754

Are money market accounts guaranteed?

Funds held in a traditional money market deposit account offered by banks are insured by the Federal Deposit Insurance Corporation (FDIC). Money invested in a money market mutual fund, however, is ... Read More »
http://www.answerbag.com/q_view/2066031


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