Other posts tagged: Money Market Account

Is a Money Market the Best Choice for Me?

Are you looking for a way to save money, but a savings account isn’t enough? A money market account is a no-risk, higher interest way to put your money away for a rainy day. What is a Money Market Account? A money market account is basically a savings account that offers easier withdrawals and a

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How Do Money Market Accounts Work?

A money market account is a type of savings account offered by banks and credit unions just like regular savings accounts. The difference is that they usually pay higher interest, have higher minimum balance requirements (sometimes $1000-$­2500), and only allow three to six withdrawals per month. Another difference is that, similar to a checking account, many

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