It’s Your money…Do You Know the difference?

Do you know the difference between a money market fund and a money market account?  The Federal Government does not insure a money market fund, but money market accounts are insured. Banks that issue money accounts have FDIC insurance up to $250,000. Money Market Funds offer a higher yield than banks. IF a higher interest rate is what you desire, but you want the security of insurance, then consider bank CDs or a savings account. For the best rates on these accounts visit bankrate.com