[davidito]

An individual can buy up to $10,000 in Series I bonds from the U.S. Treasury a year. Their current ARR is 7.12%. That rate expires at the end of the month (April 2022).

https://www.treasurydirect.gov/indiv/research/indepth/ibonds...

[loeg]

Actually, $15,000/year -- you can buy an additional $5,000 in paper I-bonds with your federal tax refund, and you can arbitrarily overfund your tax payment to be sure to have $5,000 in refund. The paper bonds can be exchanged for electronic I-bonds through a somewhat annoying process.

[HWR_14]

Do you know what % of that is fixed vs. the inflation adjusted rate? Also, I was confused by how often the inflation rate adjusts the interest rate.

[loeg]

The fixed rate is 0.00% -- it's all inflation rate. Inflation rate is adjusted every six months.

Here are past fixed rates going back to 1998: https://www.treasurydirect.gov/indiv/research/indepth/ibonds... It hasn't been much above 0% since 2008.

[gdfgjhs]

Do you really need to buy these bonds with payroll deduction?

[loeg]

No.