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Money market accounts and CDs are both safe instruments for cash holdings. Neither is impacted by security market fluctuations, and both carry NCUA or FDIC insurance up to $250,000, ...
Money market account vs. a CD. A CD is a type of time deposit account. When you open a CD, you select a term for the account and must keep your money in the account for the full term. If you make ...
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A money market account is a type of interest-bearing account that combines the strong rates of a high-yield savings account with the features of a checking account. MMAs offer rates of 4.5% APY or ...
A money market account is a hybrid between a savings account and a checking account. You’ll deposit your money to a financial institution of your choice , which will treat it like a savings account.
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