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Money market deposits are placed into interest bearing bank accounts. These accounts are FDIC insured, which means that deposits are safe up to a $100,000 for a standard account or $250,000 for a retirement account. ABCNews.com: Money Market Funds vs. Money Market Deposit AccountsSource:
Are Bank of America money market accounts insured?
by Answerbag Staff on March 4th, 2011
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if you had $1,000,000 what would you spend it on?
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Can I open a 529 plan for a child I haven't become pregnant with yet? or should I keep the money in liquid savings?
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How do I protect money invested in money market accounts?
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How do I open a money market account?
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