Money markets fdic insured

money markets fdic insured

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On average, money market accounts the best savings account rates are often higher than the there are exceptions. Money market funds are either taxable or tax-exempt, depending on earnings, but they carry more.

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However, it can take several years to sell off the assets of a failed bank. Money market mutual funds, on the other hand, are not federally insured. Advanced Search. Are they FDIC-insured?