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by 8bitben 1507 days ago
You missed the window to lock in the older interest rate (7.12% APY) for six months, but it is widely expected that the May rate change will increase the rate even higher.

You can still purchase I-Bonds, with the understanding that the May rate will be adjusted again in 6 months (it could go down if inflation goes down) and you won't be able to pull your funds for a minimum of one year.

It's a great option for inflation protection if you can let that money sit for awhile. https://www.treasurydirect.gov/indiv/research/indepth/ibonds...

1 comments

Is this open to non-US citizens?

Arguably an i-bond would out preform anything in my portfolio based on the last six months.

You have to have a social security number so citizen, current or former resident or work visa holder.
Not former. From https://www.treasurydirect.gov/indiv/research/indepth/ibonds...

  Yes, if you have a Social Security Number and meet any one of these three conditions:
  - United States citizen, whether you live in the U.S. or abroad
  - United States resident
  - Civilian employee of the United States, no matter where you live