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It\u2019s been a long time since Savings Bonds issued by the US Treasury, of any flavor, have been appealing. However, a silver lining to the increased inflation we are currently experiencing is that savers can now take advantage of attractive Federal Series I Savings Bonds to earn more on idle cash sitting in deposit accounts. <\/p>\n\n\n\n
Purchases of I Bonds are limited to $10,000 per calendar year, per person. To take the most advantage of this opportunity you may want to act before the end of 2021. <\/p>\n\n\n\n
The interest on I bonds is a combination of a fixed rate and an inflation rate. Once purchased, the fixed rate does not change for the entire 30-year life of the bond. The current fixed rate on bonds is 0%. The inflation rate however can and does usually change every 6 months. The current 6-month inflation rate is 3.56%. FYI: The composite rate of 7.12% is calculated by annualizing the 6-month rate (3.56% x 2).<\/em> <\/p>\n\n\n\n To maximize your purchase amount consider purchasing $10,000 prior to January 1 and then another $10,000 after January 1, in the new year. <\/p>\n\n\n\n The $10,000 limit is per account. You can open an account for your spouse, your children, your business and potentially trusts. So, a married couple could do $20,000 in 2021 and $20,000 in 2022. <\/p>\n\n\n\n If you have money parked in cash deposit accounts and do not have a need for the money in the next 12 months then you should consider taking advantage of the current I bond rates. <\/p>\n\n\n\n Reach out if you have questions\u00a0about\u00a0I\u00a0bonds, want to quantify the benefit to you or need assistance with opening an account.\u00a0\u00a0<\/p>\n\n\n\n <\/p>\n\n\n\n Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities.\u00a0 Full\u00a0disclaimer<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" It\u2019s been a long time since Savings Bonds issued by the US Treasury, of any flavor, have been appealing. However, a silver lining to the increased inflation we are currently experiencing is that savers can now take advantage of attractive Federal Series I Savings Bonds to earn more on idle cash sitting in deposit accounts. Purchases of I Bonds are limited to $10,000 per calendar year,… Read more »<\/a><\/p>\n","protected":false},"author":2,"featured_media":543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[49],"tags":[63,4,44,118,15],"_links":{"self":[{"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/posts\/537"}],"collection":[{"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/comments?post=537"}],"version-history":[{"count":5,"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/posts\/537\/revisions"}],"predecessor-version":[{"id":542,"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/posts\/537\/revisions\/542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/media\/543"}],"wp:attachment":[{"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/media?parent=537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/categories?post=537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.macroviewim.com\/blog\/wp-json\/wp\/v2\/tags?post=537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Purchasing Series I Bonds<\/strong> <\/h2>\n\n\n\n
Redeeming an I Bond<\/strong> <\/h2>\n\n\n\n
Who Should Consider?<\/strong> <\/h2>\n\n\n\n