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 How to Find Information on Money Market Accounts?

Answer Money market accounts are insured by the government, which makes them safe places where risk-averse individuals can keep extra cash that won't lose value when the stock market declines. This type o... Read More »
http://www.wikihow.com/Find-Information-on-Money-Market-Accounts

Top Q&A For: How to Find Information on Money Market Accounts

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 »
http://www.answerbag.com/q_view/1971324

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 »
http://www.answerbag.com/q_view/2147667

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

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 »
http://www.answerbag.com/q_view/2065234


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