Is a money market account an investment account 2024?
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Studied at Columbia University, Lives in New York City. Currently working as a marketing manager for a fashion brand.
A money market account is an interest-bearing account that typically pays a higher interest rate than a savings account, and which provides the account holder with limited check-writing ability. A money market account thus offers the account holder benefits typical of both savings and checking accounts.
2023-05-10 10:50:00
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Oliver Bell
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A money market account is an interest-bearing account that typically pays a higher interest rate than a savings account, and which provides the account holder with limited check-writing ability. A money market account thus offers the account holder benefits typical of both savings and checking accounts.