Nicole Lapin

I-bonds are savings bonds issued by the U.S.

Treasury, and they do something that no other safe investment does.

The interest rate automatically adjusts every six months based on inflation.

So when inflation goes up, your rate goes up.

It is literally designed for the environment we're living in right now.

It's dope.

Seriously.

You never thought I'd say that about a bond, but it is in fact dope.

The current rate on I-bonds is 4.26%, and it's going to stay that way until the next adjustment at the end of October.

That includes a fixed rate of 0.9%, which is locked in for the life of the bond, plus an inflation component of 3.36% that resets every six months.

Here's an important part to know.

That 0.9% fixed rate is your floor.

So even if inflation eventually drops to 0%, you're still earning something.

0.9% is not a lot.

I get that.

But this isn't about growth strategy here.

It's about preservation strategy.

You can buy up to $10,000 in I-bonds per person per calendar year.

Couples can do $20,000.

You have to hold them for at least one year before redeeming.