Category: Financial Tools & Services
Note: This well-liked deal remains to be accessible.
U.S, Government Treasury is presently providing 7.12% Interest Rate in mixed Fixed + Inflation Rate Earnings legitimate on newly issued Series I Savings Bonds bought from November 2021 by means of April 2022. Limit of $10,000 / yr in curiosity earnings per individual.
Thanks to neighborhood member dn90003 for sharing this supply.
About this supply:
How do I purchase a Series I bond?
Must register or sign-in to your free TreasuryDirect.gov account and hyperlink a checking account.
Electronically: Online by way of TreasuryDirect (together with by means of payroll direct deposit)
Paper: By mail once you file your federal tax return
Click right here to view a Guided Tour
What is a Series I bond? (supply)
“A financial savings bond that earns curiosity primarily based on combining a set charge and an inflation charge.”
You could use Series I bonds to:
Save in a low-risk product that helps defend your financial savings from inflation
Supplement your retirement revenue
Give as a present
Pay for schooling
Click right here for extra details about Series I Bonds
What curiosity does a Series I bond earn? (supply)
A mixture of a set charge that stays the identical for the lifetime of the bond and an inflation charge that’s set twice a yr.
For bonds issued from November 2021 by means of April 2022, the mixed charge is 7.12%
