Maximize Savings with High-Yield Money Market Accounts

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Marți

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Money market account rates are currently attractive, with the national average at 0.58% and top accounts offering over 4%. However, rates have been trending down, so its a good time to shop around and lock in higher yields. A $10,000 investment in a high-yield account could earn $408 in interest, growing to $10,408. Keep in mind trade-offs like higher minimum balances and withdrawal limits.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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