Bogleheads.org

UpperNwGuy wrote: ↑Fri Jan 27, 2023 5:02 am

Lxw3 wrote: ↑Fri Jan 27, 2023 12:53 am Does Schwab bank offe good rate on money market or savings account?

Schwab does not have a money market account. The interest rate on their savings account is not competitive.

According to their website, they have several money market funds:
https://www.schwab.com/money-market-funds

We don't have a money market fund, but we do have bank, IRA, and brokerage accounts at Schwab, and we use their AIP (automatic investment program).

I'm pretty sure you can set up recurring transfers between your money market account and your brokerage account to fund your automatic investments. Perhaps you could schedule these the day before or even the day of your AIP purchases. I know that transfers between Schwab accounts take place immediately, so the latter approach should work.