Money Market Accounts

Explore the various types of real estate investing, including residential, commercial, REITs, and more. Understand different strategies to diversify your investment portfolio.

Traditional Money Market Account

Traditional Money Market Account

Money Market Account: High-interest savings account with limited transactions and higher minimum balance.

Frequently Asked Questions

A Money Market Account is a type of savings account offered by banks and credit unions that often offers a higher interest rate compared to a regular savings account. They often require a higher minimum balance and limit the number of transactions you can make each month.

Jumbo Money Markey Account

Jumbo Money Markey Account

A Jumbo Money Market Account requires a large deposit (often $100,000+), offers higher interest rates.

Frequently Asked Questions

A Jumbo Money Market Account is a type of savings account that generally requires a larger initial deposit, typically $100,000 or more. JMMA often offers higher interest rates than traditional MMAs because of the larger deposit size.

Tax Free Money Market Accounts

Tax Free Money Market Accounts

Tax-Free Money Market Account offers tax-exempt interest and invests in municipal securities, not FDIC insured.

Frequently Asked Questions

A Tax-Free Money Market Account is an investment account where the interest earned is exempt from federal taxes, and sometimes state and local taxes as well. It typically invests in municipal securities.