How does a money fund market work? what is the best money fund market out there? paypal?

"required"? Probably not. I am really really surprised though that the people who set up the account, and the employer's attorneys have not recommended one. It is almost a lack of fi...

Call customer service.

The time horizon that you have until your son needs the money for school will determine how much risk you should take. If you will need the funds in less than 5 years a money market, cd or US Savin...

Generally speaking, there is no risk in a money market fund. The fund invests in short term products such as commercial paper that are very safe and by definition, each share is priced at a dollar....

money market: It is basically a mutual fund that invests in very short term debt instruments. Normally it pays interest rates that are about currently 4% to 5% annually. Mutual funds: these ar...

Welcome to whatever country you are in. A savings account is a bank account that is FDIC insured up to $100,000. You will pay taxes on any interest every single year. Interest rate on savings ar...

In the past year, almost all funds have come to disallow short term trading. Most are charging a penalty, such as 2% of assets for selling within 15 (or 20, 30) days. Others may limit you to makin...

As above, less than five years a money market is great. Over five years then go with a good mutual fund with a long track record (10 years or more).