How safe is a money market account

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Is the money on my prepaid card FDIC-insured. A money market mutual fund brokerage firms and fund companies, and some of those businesses savings or checking account, even though some money market funds allow you to write checks.

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Are Money Market Funds a Safe Place To Stash My Savings?
Of all types of money market funds, government funds can be considered the safest. At least % of their assets are backed by the full faith and credit of the. Like other deposit accounts, money market accounts are insured by the FDIC or NCUA, up to $, held by the same owner or owners. Money. First and foremost, money market accounts are typically safe because they're insured by the federal government. If you open a money market.