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Fidelity Money Market Fund (SPRXX) Vanguard Municipal Money Market Fund (VMSXX) ... whereas money market accounts are FDIC-insured. Money market funds come with very low risk, but there have been ...
Money market accounts (MMAs) Money market funds (MMFs) Provider. Banks and credit unions. Investment firms and brokers. Insurance. FDIC or NCUA up to $250,000
And Fidelity IRA customers with cash balances less than $100,000 can earn 2.47 percent APY as of Sept. 25 on uninvested cash through the broker’s FDIC-insured deposit sweep program.
These accounts are protected by FDIC or NCUA insurance for up to $250,000 per bank. While they historically don’t match stock market returns, they can still help your money grow while taking on ...
The FDIC only insures money market accounts at FDIC-insured banks. The NCUA insures money market accounts through the National Credit Union Share Insurance Fund. Credit union members can receive ...
Fidelity vs. Vanguard: Account types. You shouldn’t have a hard time finding the type of account you’re looking for at either broker, but Fidelity does offer a few more options than Vanguard ...
If a person has money market accounts at two FDIC-insured banks, each account will be insured separately up to the established limit of $250,000 per depositor, per FDIC-insured bank, per ownership ...
A money market account covered by FDIC insurance is protected up to $250,000 per depositor, per insured bank for each account ownership category, according to the FDIC.