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What is a money market account? A money market account is one of the most flexible types of investment accounts you can get.

With a money market account, your money is pooled with other people's money and invested in short-term debt securities. With a money market account, you can withdrawl money several times a month without penalty (with some limitations).

The interest earned on a money market account is higher than the rate on a savings account. Money market accounts typically require a higher minimum investment amount, but the more you invest the higher rate of return you can get.

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Money Market Account Alternative
(Certificate of Deposit)
Money Market Account Alternative
Annuity