Money Market Rates 101

Learning how to choose money market savings accounts is vital to finding the right money market account to open.  Money market savings accounts provide higher savings rates than savings accounts, but don’t have the high risk involved in investing in stocks and bonds.
Unlike investing in stocks and bonds, money market accounts are FDIC insured.  FDIC [...]

What is a Money Market Savings Account?
Money market savings accounts are excellent bank accounts to start saving money.  Typically, money market rates are higher than savings account rates. This higher interest rate is what makes money market accounts good investments for saving money.
A money market account is also a pretty safe investment.  When you are [...]