Money market accounts come with little risk of losing money if you stay within the FDIC limit of $250,000 per depositor per account type (or the NCUA limit for credit union accounts). Funds are ...

Disadvantages of money market accounts may include hefty minimum balance requirements and monthly fees — and you might be able to find better yields with other deposit accounts.

Disadvantages of money market accounts may include hefty minimum balance requirements and monthly fees — and you might be able to find better yields with other deposit accounts.

Discover our expert guide on money market accounts. We have compiled the pros and cons of MMAs to help you decide if this type of savings account is right for you.

Discover the advantages and disadvantages of a money market account and savings account. Key Takeaways. Savings and money market accounts are similar—both are deposit accounts that pay interest.

Money market accounts invest in short-term, high-quality debt securities, which makes them a low-risk investment option. However, their returns are relatively low compared to other investment options.

A money market account is a type of deposit account usually offered by banks and credit unions.. The funds you deposit into a money market account are insured by the FDIC (up to $250,000 per ...