The Brutal Bottom Line. A comprehensive summary of various scientific studies of Edgar Cayce's readings is provided in Chapter Four of The Veil, Book One of the Return of the Phoenix.
A Money Market Account is a type of savings account that usually earns a higher amount of interest than a basic savings account. The minimum balance for this account is often considerably higher than the minimum balance of a basic savings account.They can range from $500-$50,000.When you deposit money into your Money Market Account, it earns interest just like a regular savings account.That interest is the bank's way of thanking you for letting them use your money. Banks then take that money and make other investments or loans.hey can range from $500-$50,000. When you deposit money into your Money Market Account, it earns interest just like a regular savings account. That interest is the bank's way of thanking you for letting them use your money. Banks then take that money and make other investments or loans.
A minimum average daily balance of $2,500 is required for a Money Market account. If your average daily balance in a statement cycle (beginning with the third statement cycle) is below $2,500, there is a $10 minimum balance fee.ederal law limits the number of certain types of withdrawals and transfers from a Money Market to a combined total of six per calendar month per account. There is no limit on the number of withdrawals by ATM or by Official Check mailed to you.