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Because the fund invests in municipal securities that are exempt from federal income tax, the yield is lower than other money market funds. Yield: 2.58 percent. Expense ratio: 0.15 percent.
As the Fed rate rises, so do APYs on savings accounts, CDs and money market accounts — with today’s rates on the best high-yield savings accounts topping 4% APY.
Here’s what you need to know about Wells Fargo’s money market account options, rates, fees and benefits in February 2025. Find Out: 7 Reasons You Should Consider a Financial Advisor — Even ...
A money market account (MMA) is a middle ground between checking and high-yield savings accounts. They're offered by traditional banks, online banks and credit unions as a way to earn higher ...
This article provides the most up-to-date average money market account annual percentage yield, which is 0.49 percent, and insight as to why knowing the average money market account rate is important.
As the Federal Reserve hiked interest rates to combat high inflation, investors have flocked to money market funds which offer returns north of 5 percent. Money market funds’ net assets reached ...
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