Sentences with phrase «money market accounts usually»

However, money market accounts usually require higher balances to avoid monthly fees, if any.

Online savings accounts and money market accounts usually offer higher savings rates because online banks have lower expenses from not having to maintain brick - and - mortar locations.

Money market accounts usually require a minimum deposit amount as well as a minimum monthly balance.

Not exact matches

Money Market Accounts typically offer higher dividend rates than traditional savings accounts, but they usually require higher minimum balances to avoid a monthly fee.

Definition: Money market accounts pay competitive interest rates (higher than savings accounts) in exchange for the use of your money.Advice: Money market accounts pay higher interest rates because they usually demand that you keep a higher balance.

The Unit Investment Trust, which is actually a corporate income fund, is similar to a regular money market account, except it?s made up of a group of higher grade securities, and instruments, and usually pays out dividends on a monthly basis...

They usually pay you a higher interest rate than a traditional savings or money market account and, generally, the longer the term that you invest for, the higher the interest rate.

Other types of accounts, such as Money Markets, Certificates of Deposit, and investment accounts, may have multiple owners (usually spouses) because the money belongs to both parMoney Markets, Certificates of Deposit, and investment accounts, may have multiple owners (usually spouses) because the money belongs to both parmoney belongs to both parties.

This usually means a savings or money market account.

They usually pay you a higher interest rate than a traditional savings or money market account and, generally, the longer the term of the CD, the higher the interest rate.

Additionally, there are usually limits to how often you can withdraw money from a money market account.

You can usually write between three and six checks each month from your money market account.

CASH INVESTMENTS INCLUDE THINGS like Treasury bills, savings accounts, money - market deposit accounts, money - market mutual funds and certificates of deposit, where there's little chance you will lose money and which can typically be sold at short notice (though, in the case of CDs, there will usually be an early - withdrawal penalty).

Similarly, checking accounts usually have fewer restrictions, such limiting the number of withdrawals per month, than other account types such as money market accounts, and therefore generally have a lower interest rate.

Earn higher rates of interest that are usually higher than Money Market accounts, while still enjoying liquidity with a minimum daily balance of $ 20,000.

Additionally, the interest yield on a money market account is usually fairly competitive — much better than you would get on a traditional savings account.

The good news is that you can usually find good rates on money market accounts, as well as favorable terms.

BD — If I had a big lump sum (like I've had a few times with rolling a 401k into an IRA), I usually put the money into a money market account, then DCA over a 3 - 6 month period to get it all in the market.

Compared to savings and money market accounts, CDs usually require that your money is deposited for a longer period of time in order to receive a favorable interest rate.

Redemptions of taxable account money market fund shares are not reported on this form because their cost basis is usually the same as the proceeds from the sale of shares.

Earn rates of interest that are usually higher than Money Market accounts, while still enjoying liquidity.

Earn higher rates of interest (that are usually higher than Money Market accounts) while still enjoying liquidity.

So, this can include your bank account, money market accounts, and similar deposit holdings that usually return interest in small amounts, particularly with today's low interest rates.

If you are adding a savings or money market account, you can usually find the ACH routing number at the bottom left of a deposit slip.

An investment account is the cash account (usually a Money Market account) that you hold at your brokerage.

If you can meet the higher balance requirements of a money market account offered by your current bank, there is usually little reason to avoid switching from a standard savings account.

These time payments are usually considered by the patients only the minute these individuals do not have any other types of possibilities like pay from money market accounts, gold card or other resources.

These accounts are offered by brokerages and mutual funds, and usually provide a similar access as money market deposit accounts, with check - writing and ATM privileges.

You can also explore a money market account from a bank, discount brokerage house or other financial institution, which also pay little interest, usually around 1 percent or less.