FAQs: Money Market Fund

1. What is the primary difference between a money market account and a money market fund?

A money market account is an ordinary cash account. A money market fund is an investment fund.

2. What is the dollar threshold for reporting a money market fund?

$5,000 value or $200 income

3. What is the dollar threshold for reporting a money market account?

$5,000 value or $200 income

 

This guide is not intended to provide investment advice, and you should not rely on statements in this guide when making investment decisions.

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