Annual Earnings for $250,000 in a Money Market Account
A $250,000 investment in a money market account can earn between $5,125 and $6,325 annually.
The exact amount earned will depend on the specific interest rate offered by the financial institution. Money market accounts typically offer variable interest rates, which, based on current market conditions, can range from 2.05% to 2.53% for an account of this size.
Breakdown of Potential Income
The potential annual income from a $250,000 principal in a money market account can be summarized as follows:
| Account Type | Interest Rate Range | Annual Income Range |
|---|---|---|
| Money Market Accounts | 2.05% to 2.53% | $5,125 to $6,325 |
This range reflects the variable nature of money market account interest rates, meaning the return on your $250,000 principal will fall within these figures over a year, depending on the rate secured.
