Most money market bank accounts allow you to write a limited number of checks, creating easy access to your money. 

Some accounts will even come with a debit card, although you will need to be careful when using it; debit card transactions count toward your Regulation D limit.

If you write four checks from your account, and make two debit card purchases, you will be at your limit.

If your financial institution imposes lower limits, you will reach it faster and could be charged a fee. Other transactions that count toward your six include:

1. Automatic transfers out of your money market account.
2. Point of Sale transactions.
3. Bill pay transactions.
4. Automated payments.

There are certain types of transactions that do not count toward your Federal Reserve imposed limit of six withdrawals a month. 

You can make as many deposits as you like to a money market bank account. Additionally, you can make in-person transfers out of your account. 

So, if you go to the bank to transfer money from your money market bank account to another bank account, it does not count toward your six.

Also, be aware that minimum balance requirements are part of virtually any money market account. 

If you drop below the minimum balance, you could be charged a fee. 

Make sure you understand the withdrawal limits and balance requirements associated with your specific money market bank account before you open it.

If you are considering Retirement Planning, call for a free consultation today.