$25,000 short-term CD vs. $25,000 high-yield savings account: Which will earn more this year?

Before you park $25,000 in any account, make sure you know how today's rates could impact your returns. AN Studio/Getty Images The decision of where to park $25,000 used to be straightforward: a traditional savings account, maybe a money market fund, and not much else. But the interest rate environment of the past few years rewired that calculus entirely, giving savers a genuinely meaningful choice between accounts that now pay real, competitive returns. …