What are the advantages and disadvantages of money market 2024?
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Disadvantages of Money Market Accounts. You are limited to the number of withdrawals you can make through your account if you do the withdrawals at the bank. ... The interest rates on money market deposit accounts are lower than what you can earn through money market funds, because they are FDIC insured.
2023-05-13 10:50:02
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Disadvantages of Money Market Accounts. You are limited to the number of withdrawals you can make through your account if you do the withdrawals at the bank. ... The interest rates on money market deposit accounts are lower than what you can earn through money market funds, because they are FDIC insured.