Highest CD Rates
Before conducting a search for the best money market rates, be aware of the risks involved with such investments. First, unlike CDs, money market rates can fluctuate. Second, the money market rate that you receive can change frequently, unlike CD rates. Therefore, it is important to know your threshold rate and how much income you require, as if rates decrease, you’ll receive less in interest payments. Third, be aware that inflation may erode the returns that you receive from money market funds, given the relatively low rates.