CDs edge out savings and money markets for a $100,000 deposit—here’s why

Currently, a $100,000 deposit earns more with a CD than with high-yield savings or a money market across 6 months, 9 months and 1 year: about $2,029 (6-month CD at 4.10%), $3,022 (9-month CD at 4.05%), and $4,100 (1 year at 4.10%), versus roughly $1,995, $3,008, and $4,030 for high-yield savings; and $1,931, $2,911, and $3,900 for a money market. CDs provide guaranteed, fixed returns but lock funds and incur early withdrawal penalties, while savings and money markets offer rate flexibility that could beat CDs if rates rise. Consider splitting the funds across accounts to balance growth and liquidity.