We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

Find the Best Money Market for You

2 0 4

Getty Images

Two kinds of money market vehicles are money market mutual funds and money market deposit accounts. For those looking for a place to park cash, the difference is often a point of confusion. Banks and credit unions offer the deposit-account version, usually called a money market account, or MMDA. These accounts come without market risk and are protected by the Federal Deposit Insurance Corp. (see Are Your Bank Deposits Insured?). The mutual fund version—often........

© Kiplinger

Get it on Google Play