Charles Forelle
speaker
205 appearances
2 recordings
1 series
first heard Jan 2022
last heard Oct 2022
Charles Forelle’s voice in public audio — every appearance, attributed to the second.
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Appearances
Again, these are small products generally for individuals, and so you would often see years where well under a billion in sales, but they've really boomed in popularity this year.
So there is a limit.
It's $10,000 per person.
So, you know, if you have a giant pile of savings and you're able to deploy that, you can't put it all in IBONs.
But for most families and for most savers, particularly if you have a married couple or a married couple with kids, there's a pretty sizable chunk of savings that you can do if you put into IBONs.
If you really like I-bonds, there are ways to put some of your tax refund into I-bonds above the $10,000 cap.
But it's not a gigantic investment, but it's also pretty sizable for most people.
There is some bipartisan legislation that would push the limit up to $30,000.
It's unclear whether that's going to go anywhere.
There's obviously a good bit of demand for it, or there has been a good bit of demand for it with rates high.
There are some catches.
You have to buy them from...
the Treasury on the Treasury's website.
You have to sign up for an account and it's not the easiest thing in the universe.
And the website looks like it was made in like 1998 or something.
So you have to do that if you jump through some hoops.
But the product itself is very high earning and very safe.
So there are two components to the interest rate.
The first is a fixed rate, and the fixed rate is good for the life of the bond.
You can hold them for 30 years.
Showing 21–40 of 205 · page 2 of 11
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