# Where to Store $25k Now

> Best savings options for $25k amid rising rates.
- Title: Where to Store $25k Now · Kiplinger | Shortify
- Summary: Best savings options for $25k amid rising rates. Savers should choose CDs for fixed returns or high-yield savings accounts for liquidity as inflation remains…
- Keywords: high-yield savings account, federal funds rate, inflation, savings account, sean jackson, kiplinger, Where, Store, 25k
- Source: Kiplinger — https://kiplinger.com/personal-finance/savings-accounts/wheres-the-best-place-to-store-25k-now
- Published: 2026-09-30T13:02:49+00:00
- Read time: 1 min
- Topics: cd, high-yield savings account, federal funds rate, inflation, savings account, sean jackson, kiplinger
## Current rate environment
The Federal Reserve raised the federal funds rate by a quarter of a point at its September meeting.
## Time-specific goals
A certificate of deposit matches your goal timeline for savings like a vacation or home renovation.
## Short-term CD strategy
A three to six month CD positions you to benefit from future rate hikes while keeping cash accessible.
## High-yield savings accounts
High-yield savings accounts earn returns that outpace inflation with no account fees.
## Newtek Bank recommendation
Newtek Bank offers 4.20% APY with no account fees for high-yield savings accounts.
## Current best options
Choose a CD for guaranteed returns if you don't need immediate access, or a high-yield savings account for liquidity and flexibility.
## Key takeaway

Savers should choose CDs for fixed returns or high-yield savings accounts for liquidity as inflation remains sticky.