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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 ...
The money market account resembles its checking account cousin in that you can write checks and also get cash at an ATM. The number of withdrawals you can make, either by check or debit card ...
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