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Thread: I-Bonds
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Old 06-06-2022, 04:23 PM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by curtmcgee View Post
Anyone have any Pro's or Con's on the Federal Government's I-Bonds.
For me, the cons are that you can only invest $10K per year, but there is a gifting loophole that can increase that amount. Also, you can only buy them directly from the Government with a U.S. Treasury account. Too much trouble for me to bother with, but, for some, it is a good deal. Note that the interest rate is somewhat deceiving because the only way to get the full rate is to keep the bond for 5 years.