My Two Cents

I-Bonds

Chris Farrell Apr 18, 2008

Zvi Bodie,finance professor at Boston University, pointed out today that that with I-bonds the fixed 30-year rate of interest is still 1.2% per year (plus the actual rate of inflation), but it almost certainly will fall when it is reset on May 1. The limit per person is $5,000 in electronic form at www.treasurydirect.gov and another $5,000 per person in paper form at banks.

I-bonds are a great way to save. No credit risk. Taxes deferred until the bonds are cashed in. And you dollar is safe against the ravages of inflation.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.