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This is not correct. Individuals can buy $10K/yr. Married couples can each buy $10K/yr, and you can buy the same amount for children. Also, businesses can buy
by quesera 4y ago
This is not correct.
Individuals can buy $10K/yr. Married couples can each buy $10K/yr, and you can buy the same amount for children.
Also, businesses can buy $10K/yr, trusts can buy $10K/yr, and you can purchase $5K/yr with a tax refund.
It would be not unusual to be able to buy $45K/yr (4-person household), and if one of the family is self-employed, $55K/yr.
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That said, don't buy lots of I bonds without first considering the advantages of TIPS!
- jonas21 4y agoAh, you're right. I had misread this chart earlier. Sorry about that. https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm https://www.treasurydirect.gov/indiv/research/indepth/ibonds...