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But the rate is only for 6 months and limited to $10000 per SSN per year, which does not make it terribly useful.
by rajup 5y ago
But the rate is only for 6 months and limited to $10000 per SSN per year, which does not make it terribly useful.
- stronglikedan 5y agoseems very useful for a $10k investment, if it's going to make a considerable amount for that $10k.
- driverdan 5y agoIt's breaking even based on the current rate of inflation. It doesn't yield any positive returns.
- watchdogtimer 5y agoFWIW, you can get purchase[0] up to an additional $5000 a year in paper format if you overpay your Federal income taxes and request the refund be paid as a paper I-bond. [0] - https://www.treasurydirect.gov/indiv/research/faq/faq_irstaxfeature.htm https://www.treasurydirect.gov/indiv/research/faq/faq_irstax...
- mhb 5y agoIt also seems like you can pay an extra $5K in estimated tax in December, use the refund of it to buy a series I bond and then convert that to an electronic bond.
- wittjeff 5y agoThe $10K limit is for I-bonds. If you want more inflation protection from the treasury, you can buy TIPS up to $5M.