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What is a money market account?

Quick Answer

A money market account (MMA) is an FDIC-insured bank deposit account that typically pays slightly higher interest than a regular savings account, often with limited check-writing privileges.

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Warren Team
Updated January 6, 2026
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The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.

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