![Bank teller at computer helping couple at bank branch counter](https://www.bankrate.com/2023/07/26182218/money-market-funds-vs.-money-market-accounts.jpeg?auto=webp&fit=crop&width=230&height=150)
Money market funds vs. money market accounts — Which is better?
Here are the pros and cons of money market funds and money market funds.
The key to successful investing is to take action and not let fear or over-analyzing prevent you from taking advantage of the benefits of compound interest over time.
— Mercedes Barba
Mercedes Barba is a seasoned editorial leader and video producer. Presently, she holds the position of Senior Editor at Bankrate. Prior to this, she served as a senior editor at NextAdvisor and led the video team at Money.com, where she executive produced a short documentary that received an Emmy nomination. In her free time, she enjoys spending time with her son Luke and two pet dogs.
The key to successful investing is to take action and not let fear or over-analyzing prevent you from taking advantage of the benefits of compound interest over time.
— Mercedes Barba
Here are the pros and cons of money market funds and money market funds.
The inflation protection on I bonds has caused quite a stir among savers, as inflation has skyrocketed.
It may take a lot of work on the front end to reap the benefits of these opportunities.
Here’s what to look for in a low-cost index fund and some of the cheapest funds on the market.
A financial aid advisor helps students negotiate the world of aid for education.
Discover the benefits and considerations of annuities in retirement planning.
Immediate annuities tend to be the simplest and most straightforward type of annuity.
Cost basis is key to understanding your tax obligations.
Speak with a financial advisor or a tax expert before making the move.