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 »

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. reports that in 2010, one-year CD interest rates on... Read More »

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 »

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 »

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 »