How does a money market account work
[DOC File](Client X) - Wegner CPAs
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and account number: Sweep into Money-Market Fund. Securities Investor Protection Corporation (SIPC7) Protected. Sweep into Money-Market Deposit Account . ... 3 Tell Us How You Will Fund This Account. 4 Tell Us How You Want to Work With Us. 5 Tell Us How You Want to Work With Us—CONTINUED.
[DOC File]New Account Application All Sections Word Template
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Please note: You may change your account features and options at any time, with advance written notice to us. Borrowing Money to Buy Securities (Buying “On Margin”) – Please Read Carefully. You will have a “cash account,” unless you choose to have a “margin loan account” (customarily known as …
How do money market accounts work? | HowStuffWorks
A share certificate representing the number of whole shares you own, together with any money standing to the credit of your account; or. A cash payment equal to the net proceeds of the sale of your shares, together with any money standing to the credit of your account; or. A combination of (1) and (2).
[DOC File]Frequently Asked Questions (FAQ)
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(Client X) will maintain a money market account at the same bank where the checking account is maintained. Certificates of deposit may also be used to invest excess cash. The Executive Director will initiate the transfer of funds or setting up new certificates of deposit based on the projected cash flow requirements and budgets of (Client X).
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