Press Release

Comparing Money Market vs. Savings Accounts

February 13, 2023

There's more than just the interest rate to consider when choosing between a money market and savings account.

Banks and credit unions have been raising the interest rates creating opportunities for savers. KAR wealth advisor, Carina Berlin, CFP® weighs in on the pros and cons in deciding between opening a money market and savings account. In addition to the variation in interest rates offered, money market accounts can differ from savings accounts in account features and mininum deposit requirements. Read the Fortune article to learn more:


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This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information in this article is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date listed on the correspondence, and KAR does not undertake to update the information presented. This information is based on KAR’s opinions at the time of publication of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein.
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