Treasury Department announces new Series I bond rate of 4.03% for the next six months
Treasury Department announces new Series I bond rate of 4.03% fo…
2 months ago
MSNKate Dore,CFP®,EA
The U.S. Department of the Treasury made the announcement that Series I bonds will pay 6.89% annual interest through April 2023, down from the current 9.62% yearly rate that’s been offered since May. It’s the third highest rate since I bonds were introduced in 1998, and investors may lock in this rate for six months by purchasing anytime before the end of April. Independent financial advisor Rob De Lessio of Strategic Wealth Designers discussed what this means in more detail: https://bit.ly/3Dwc
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The U.S. Department of the Treasury made the announcement that Seri…
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