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Money market accounts and high-yield savings accounts are two similar savings vehicles, but with some important distinctions.
A CD can help you lock in a high rate or save for future goals, but a money market account offers other benefits.
Anyone with a lower risk tolerance who prefers a straightforward savings option.
$10,000 money market account at 4.40% after nine months: $328.22 for a total of $10,328.22 Difference between the two accounts: The money market account earns $10.39 more ...
Western Alliance Bank offers a wide range of banking products and services, with a strong focus on business banking solutions ...
Learn the differences between checking, savings, money market accounts, and CDs, and find the right bank account combo to fit your money goals.
Portfolio manager Laura Mayfield says some individual investors “are focused on the dividend-yield return, but some might be leaving some money on the table.” ...
Money market accounts also earn a high yield, so they're great for parking cash. These days we don't keep much here, but it's really handy to move funds in and out of our investment accounts easily.