Maximize Your Money: High-Yield MMAs vs. Average Rates
Update: 2025-12-27
Description
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.
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