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Money market accounts vs. funds: what’s the difference, and which is the best place to put cash now?

Along with a run on Clorox wipes and a national obsession with Anthony Fauci, the coronavirus outbreak has triggered an identity crisis for high-yield savings accounts. Interest rates have fallen precipitously, and that has savers exploring other ways to maximize their money.

There are money market accounts, which are “like savings...

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