>> the cash is losing purchasing power every quarter I Bonds are paying over 7% right now. You are limited in the amount you can buy but could buy $10,000 now

>> the cash is losing purchasing power every quarter I Bonds are paying over 7% right now. You are limited in the amount you can buy but could buy $10,000 now and $10,000 next year (i.e., in a couple weeks) plus another $5,000 if you are getting a tax refund. You've got to lock your money up for a year but worth looking at if you've got money sitting around in a savings account that you don't need next year.