Maximize Your Money: High-Yield MMAs vs. Average Rates

Money market account rates have risen significantly over the past three years, with the national average now at 0.58%. However, top accounts offer over 4% APY, which may not last. A $10,000 investment in a high-yield account could yield over $400 more in interest than an average account over a year. While money market accounts often have higher minimum balances and withdrawal limits, now is a good time to shop around and secure the best rates before they drop further.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.