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If you think it doesn't matter where you keep your savings, think again. There are several options for depositing your cash, each with different perks and limitations.
If you choose a money market account (MMA), you'll have easy access to your money, but the interest rate on the account could drop at any time. With Treasury bills (AKA T-bills), the opposite is true: You can't access your money as easily, but your rate of return is guaranteed as long as you leave your money on deposit until the maturity date.
As you can see, those two features alone make these accounts useful for very different savings purposes. Here's everything else you need to know before you decide if an MMA or T-bill is the best destination for your savings.
A money market account is a bank account that combines the features of a checking and savings account, but with higher interest rates on average. For example, MMAs often come with checks and/or debit cards for easier access to your funds. They're also typically insured by the FDIC (or the NCUA if your account is held at a credit union).

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