Note: This popular deal is still available.
U.S, Government Treasury is currently offering
7.12% Interest Rate in combined
Fixed + Inflation Rate Earnings valid on newly issued
Series I Savings Bonds purchased from November 2021 through April 2022. Limit of $10,000 / year in interest earnings per person.
Thanks to community member
dn90003 for sharing this offer.
About this offer:- How do I buy a Series I bond?
- Must register or sign-in to your free TreasuryDirect.gov account and link a bank account.
- Click here to view a Guided Tour
- What is a Series I bond? (source)
- "A savings bond that earns interest based on combining a fixed rate and an inflation rate."
- You may use Series I bonds to:
- Save in a low-risk product that helps protect your savings from inflation
- Supplement your retirement income
- Give as a gift
- Pay for education
- Click here for more information about Series I Bonds
- What interest does a Series I bond earn? (source)
- A combination of a fixed rate that stays the same for the life of the bond and an inflation rate that is set twice a year.
- For bonds issued from November 2021 through April 2022, the combined rate is 7.12%
Leave a Comment
Top Comments
In case you're wondering, here's how the rate is computed:
Composite rate =
I bought $10k in denominations of 2,3, 5 so if I want to cash out I can do it in chunks instead of having to cash out $10k.: Better than any CD or bank rate if you want to stay in cash.
https://www.treasurydir
3,498 Comments
Sign up for a Slickdeals account to remove this ad.
t
t
If you cash in I bonds or EE bonds issued after 1989 and use the money for eligible college costs, you may not have to pay taxes on the interest you earned. To qualify for the tax break, the bond owner must use the money to pay qualified education expenses for himself, his spouse or a dependent (tuition and fees qualify; room and board do not). The owner also must have been at least 24 years old when the bond was issued. That means the bonds must generally be owned by a parent, not a child. The child can be a beneficiary of the bonds but cannot be a co-owner.
You must also meet income requirements to qualify. You can qualify for the full interest exclusion if your modified adjusted gross income in 2016 is less than $116,300 if married filing jointly or $77,550 for single filers. You can take a partial exclusion if your income is less than $146,300 for joint filers or $92,550 for single filers. The tax break disappears if your income is higher than that.
If you cash in I bonds or EE bonds issued after 1989 and use the money for eligible college costs, you may not have to pay taxes on the interest you earned. To qualify for the tax break, the bond owner must use the money to pay qualified education expenses for himself, his spouse or a dependent (tuition and fees qualify; room and board do not). The owner also must have been at least 24 years old when the bond was issued. That means the bonds must generally be owned by a parent, not a child. The child can be a beneficiary of the bonds but cannot be a co-owner.
You must also meet income requirements to qualify. You can qualify for the full interest exclusion if your modified adjusted gross income in 2016 is less than $116,300 if married filing jointly or $77,550 for single filers. You can take a partial exclusion if your income is less than $146,300 for joint filers or $92,550 for single filers. The tax break disappears if your income is higher than that.
https://www.irs.gov/individuals/i...sence-test
https://www.irs.gov/individuals/i...sence-test
Sign up for a Slickdeals account to remove this ad.
You can sell and withdraw anytime you want and no plenty like this.
https://www.circle.com/en/usdc
I guess USDC is much better only subpoena by SEC . We can all sleep better at night knowing the SEC is make sure they are legit....I guess a lot of people like to support company that create financial product that question by the regulator
OR
They are so ignorance that they don't even know the regulator is investigating the company they put money in, just INCREDIBLE
Sign up for a Slickdeals account to remove this ad.
Leave a Comment