savings

5 cities with worst money market rates

Savers looking for a safe parking spot for cash often turn to the money market account. The highly liquid, FDIC-insured accounts come with some transaction restrictions -- only six transfers can be made per month.

Safety-conscious depositors won't find much in the way of returns anywhere. The average money market account rate in the top 25 markets in the U.S. squeaks in at 0.09 percent through Oct. 23.

If you think that rate is scraping the bottom of the barrel, check out the rates in the five cities with the worst money market account rates.

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Use bonds for school, avoid tax?

Dear Dr. Don, This is a bad news, good news situation that I'm asking about. I just received several Series EE and Series I savings bonds. I am the so-called payable-on-death beneficiary on the bonds. My mom, who purchased... Read more

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