Money market accounts and high-yield savings accounts are two similar savings vehicles, but with some important distinctions.

Anyone with a lower risk tolerance who prefers a straightforward savings option.

Money market funds come with very low risk, but there have been instances where funds “broke the buck,” meaning their NAV dropped below $1.00, such as during the 2008 financial crisis.

Money market mutual funds offer the ideal combination of low risk, high liquidity and consistent returns, making them a valuable asset for conservative investors or those managing short-term goals.

Money market funds are mutual funds that only invest in money market securities and aim to maintain a unit price of $1, passing all interest earned onto investors in monthly dividend payments.

Tax-exempt money market funds reached a 2024 high of assets under management at $136.84 billion for the week ending Wednesday, according to the Investment Company Institute.

Money market funds are an entirely different animal, offering investors a low-risk place to grow their money in the stock market. Here's what you need to know about these investment accounts and ...

"Money market funds are a type of open-ended mutual fund that invests in short-term debt securities, such as U.S. Treasurys and commercial paper," says Chad Rixse, director of financial planning ...

Money market funds earn higher base returns, starting above 1%, with some funds paying up to 4.00% or more. With a fund, you risk losing money if the market takes a severe downturn.

Scott Rubner, a former Goldman Sachs tactical strategist now at Citadel Securities, remains upbeat on stocks through to Labor ...

Government money market funds invest a minimum of 99.5% of their funds in government securities. This usually means U.S. Treasuries, but could also mean government-sponsored enterprises such as ...

Money market mutual funds, on the other hand, tend to be short-term options (at least in comparison to money market accounts), and the majority of money market mutual funds mature in one year or less.