A Money Market Account (MMA) is a type of savings account that typically offers higher interest rates than regular savings accounts. These accounts often require a higher minimum balance and may limit the number of withdrawals each month. They are considered a safe investment option, as they are usually insured by the Federal Deposit Insurance Corporation (FDIC) in the United States. MMAs combine features of both savings and checking accounts, allowing account holders to earn interest while having access to their funds. Some accounts may offer check-writing privileges or debit card access, making them a flexible choice for managing savings.