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An individual can buy up to $10,000 in Series I bonds from the U.S. Treasury a year. Their current ARR is 7.12%. That rate expires at the end of the month (Apri
by davidito 4y ago
An individual can buy up to $10,000 in Series I bonds from the U.S. Treasury a year. Their current ARR is 7.12%. That rate expires at the end of the month (April 2022).
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm https://www.treasurydirect.gov/indiv/research/indepth/ibonds...
- HWR_14 4y agoDo you know what % of that is fixed vs. the inflation adjusted rate? Also, I was confused by how often the inflation rate adjusts the interest rate.
- loeg 4y agoThe fixed rate is 0.00% -- it's all inflation rate. Inflation rate is adjusted every six months. Here are past fixed rates going back to 1998: https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm#past https://www.treasurydirect.gov/indiv/research/indepth/ibonds... It hasn't been much above 0% since 2008.
- loeg 4y agoActually, $15,000/year -- you can buy an additional $5,000 in paper I-bonds with your federal tax refund, and you can arbitrarily overfund your tax payment to be sure to have $5,000 in refund. The paper bonds can be exchanged for electronic I-bonds through a somewhat annoying process.
- gdfgjhs 4y agoDo you really need to buy these bonds with payroll deduction?
- loeg 4y agoNo.