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When comparing options like individual retirement accounts (IRAs), certificates of deposit (CDs) and money market accounts, it's important to understand how each can fit into your financial strategy.
If you keep your savings in an interest-bearing account, you're probably keeping a close eye on what moves the Federal Reserve is making in terms of rates. In late 2023 and early 2024, the federal ...
Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...
With a background in education and a fascination with finance, Emily Batdorf writes approachable content for consumers who want to deepen their understanding of personal finance topics. She loves ...
To choose between a certificate of deposit and a money market account, take a look at your financial goals. Both can help you build up your savings, but their different rules serve contrary strategies ...
While savings products largely shed yields over the past year, money-market accounts have bucked the trend with averages holding at 0.66% APY over the period, according to the latest government data.
Picking between an IRA CD and a money market account depends on your financial goals, your need for liquidity and risk tolerance. Both options can provide market interest earnings and offer advantages ...