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 combine features of both savings and checking accounts, allowing for limited check-writing and debit card access. MMAs invest in short-term, low-risk securities, which helps provide better returns. While they are generally considered safe, the interest rates can fluctuate based on market conditions. It's important to compare different financial institutions to find the best rates and terms for your needs.