1. Put it into 3 different banks at okay 5 year rates to cover fully FDIC protection and wait it out at least a year (next January?). Even if the 5 year rate is poor, in 14-15 mos. it will be stronger than the prevailing 1 year CD.
2. Put it into 3 strong Savings and/or MM accounts and wait it out until things get btter (next January?)