Can you put an IRA in a money market?

Answer An individual retirement account (IRA) is an account that you set up and invest to save for retirement. A money market deposit account is a savings account that offers a slightly higher interest ra... Read More »

Top Q&A For: Can you put an IRA in a money market

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 »

Is Money in a Money Market Safe?

Money market security describes interest-bearing instruments with a maturity period of one year or less. Money invested in market items is safe because it is exposed to very little risk and offers ... Read More »

Is the money market insured?

The answer depends upon which type of money market account a person holds, according to the Federal Deposit Insurance Corporation. If you have a money market deposit account that is not used for an... Read More »

What is""money market""?

A money market account is also known as a money market demand account or MMDA. An MMDA is a competitive interest savings account. A money market account is opened with a large deposit.What is a Mon... Read More »