Alert
Close

Introducing AARP RealPad: The Wi-Fi Tablet That Makes It Easy to Share, Learn, Connect and Play. Learn more

Highlights

Open

10,000 Games Galore Sweepstakes from AARP

AARP Auto Buying Program

Contests and
Sweeps

$10,000 Games Galore Sweepstakes

Sept. 3, 2014 - Oct. 14, 2014
Play AARP Games for a chance to win $10,000!
See official rules. 

Driver Safety

Piggy bank on the road - AARP Driver Safety

Take the new AARP Smart Driver Course!

AARP Books

Visit the Money Section

Enjoy titles on retirement, Social Security, and becoming debt-free.

Jobs You Might Like

most popular
articles

Viewed

Nothing has been viewed

Is Your Money Fund Safe?

In healthier economic times, money funds were seen as a sure thing. But times are changing.

Still, you don't want to invest expecting to be bailed out. And you're certainly not being compensated for the risk: Money funds are paying as little as 0.01 percent. (Not a misprint.) Many banks offer more, along with a federal guarantee. And that is perfectly safe.

Risk, No Reward

Used to be that money market funds offered higher yields than banks. That was your reward for taking a little extra risk and forgoing the bank's federal insurance. These days, though, there's no reward for the risk.

The assets money funds hold, such as Treasury bills, yield close to zero. Lots of banks beat that. With a little online digging, you can squeeze out half a percent or so in a CD or savings account insured by the FDIC (banks) or the CUNA (credit unions).

Liz Weston, author of The 10 Commandments of Money, blogs at Ask Liz Weston.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

The Cheap Life

Jeff Yeager Cheap Life Ultimate Cheapskate AARP YouTube web series save money

Catch the latest episode of The Cheap Life starring Jeff Yeager, AARP's Ultimate Cheapskate. Watch

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Life insurance: you are covered rain or shine

Exclusive annuities for members from AARP Lifetime Income Program from New York Life.

AARP Credit card from Chase

Members can get cash back rewards on purchases with the AARP® Credit Card from Chase.

Homeowners Insurance
Member Benefits

Join or renew today! AARP members receive exclusive member benefits & affect social change.

Rewards for Good

Your Points Balance:

Learn More

Earn points for completing free online activities designed to enrich your life.

Find more ways to earn points

Redeem your points to save on merchandise, travel, and more.

Official Sweepstakes Rules