[jbronn]

Money market funds have significant yield compared to banks; the Vanguard Federal Money Market Fund (VMFXX) has a current yield of 1.81% and is used as default settlement account on Vanguard brokerage accounts (easy to transfer in and out from).

If you can hold off on needing the funds for a year, then US I-Bonds can be purchased from TreasuryDirect. I-bond rates are adjusted semi-annually so they always yield more than inflation and currently at 2.52%. Treasury T-bills can be purchased in 4, 8, 13, 26, and 52-week terms. Current rate for 4-week bills is around 1.89%.

[ryandrake]

Thanks jbronn and sibling commenters. Lots to look into. I have the e-fund in my local credit union's money market and always just assumed that would be the best I could get. I-bonds seem to be a good compromise for non-emergency savings that don't have to be liquid.