Question

 Are money market accounts covered by insurance?

Answer On One Hand: Coverage for Deposit AccountsMoney market deposit accounts are covered by insurance from the Federal Deposit Insurance Corporation. As of 2010, FDIC insurance covers up to $250,000 per... Read More »
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Top Q&A For: Are money market accounts covered by insurance

Are cd accounts or money market accounts better?

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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How do I protect money invested in money market accounts?

Bank FundsInvest your money in bank money market funds for protection. Money market funds come in two varieties: bank money market funds insured by the Federal Deposit Insurance Corp. (FDIC) and no... 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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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 »
http://www.answerbag.com/q_view/2207267


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