Cash management accounts are for saving and earning interest; brokerage accounts let you invest Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Cash management accounts (CMAs) offer a combination of ...

If you’re looking for greater returns and flexibility beyond traditional savings and checking, cash management accounts often provide higher interest rates, increased Federal Deposit Insurance Corp.

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Michael is a former senior editor of investing and trading products for ...

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What is a cash management account? A cash management account (CMA) is a cash account often provided by brokerage firms and robo-advisors. CMAs are relatively new to the market, so their features are ...

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This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. The three main types of accounting for businesses are ...