Money Market Account (MMA) Calculator
Investing & MarketsCalculate the future value of a money market account deposit.
Future Value
The projected value of this deposit after compounding annually at the stated rate.
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Creators
Odeh Ahwal0people find this calculator helpful
Views
Helpful
Saved
Embeds
Investing & Markets calculators
Frequently Asked Questions
What is a money market account?
A money market account is a type of interest-bearing deposit account, typically offering a higher rate than a standard savings account, often with limited check-writing privileges and usually FDIC or NCUA insured up to standard limits.
How does a money market account differ from a money market fund?
A money market account is a bank deposit product with insurance protection, while a money market fund is an investment product that holds short-term securities and is not insured, carrying a small amount of investment risk.
Do money market account rates change over time?
Yes, most money market accounts have variable rates that adjust with broader market interest rate conditions, unlike a fixed-rate CD which locks in a rate for the full term.
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