If you would like open up a money market account, begin by evaluating different account selections online to uncover one that best suits your wants. Depending upon the institution you choose, you could complete an application online or in individual.
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In distinction, money market mutual funds can be found through brokerage companies. Every fund is a gaggle of securities designed to generate gains for shareholders. Whenever you get shares of a money market fund, the returns will vary depending on the underlying investments, not a rate that just one bank sets.
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