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A money market account is a type of interest-bearing account that combines the best of a high-yield savings account with the features of a checking account. MMAs offer rates of 4% APY or higher ...
Edward Jones was founded by Edward D. Jones in St. Louis, Missouri in 1922. [6] A different Edward D. Jones was a co-founder of Dow Jones . [ 13 ] ) Edward Jones' son Edward D. "Ted" Jones was responsible for the creation of the individual branch network, which has spread across rural communities, suburbs and metro cities throughout the US and ...
A money market account is like a parking spot for cash, but with a few guardrails. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
Money market accounts are insured by the FDIC or NCUA for up to $250,000 per person, per account. Drawbacks of a money market account. High-yield savings accounts and money market accounts are ...
A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.
A money market account, or MMA, is a type of bank account that combines many of the features of checking and savings accounts. Like a savings account, money market accounts pay interest on the ...
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