The buzz around I bonds in the personal finance community has been off the charts the last 2 years, with guaranteed interest rates not seen anywhere else in recent decades, and no risk-free comparable investment alternatives. I gave an in-depth I bond overview and covered how to buy I bonds previously to help readers take advantage. Well… nothing lasts forever. The new I bond rate (for May, 2023 through October, 2023) was just released on the U.S. Department of Treasury’s TreasuryDirect site @ 4.30%, with a fixed rate of 0.90% on new purchases and a variable rate of 3.40%. This
The post Is the I Bond Party Over? Here’s How to Cash Out I Bonds. appeared first on 20somethingfinance.com.