What is the best CD rate for $50,000?

Savers can earn substantial amounts of interest with a $50,000 CD account at today's top rates. BanksPhotos/Getty Images

In the unpredictable, inflationary economy of recent years, certificate of deposit (CD) accounts have been a smart and effective way to protect your money.

These accounts are FDIC-insured up to $250,000 per account. But they also come with fixed interest rates , meaning savers can easily calculate their interest-earning potential. And, because of this, they won't need to worry about market changes that impact interest rates, allowing them to focus on other savings goals and strategies in the interim.

The interest rate the account is opened with, however, may require a bit of homework. It won't be easy to pivot should rates change in the future, as most t