I BONDS
I know you can buy 10,000 I Bond a year but it is January to December or is it a discount formula? When I take RMD in 2023 can I buy IBONDS.
Terry Says
You can purchase $10,000 in each CALENDAR year. And yes, you can use the money from your RMD.
Read this: https://www.terrysavage.com/i-bonds-everything-you-must-know/
I’m starting to warn people that the current high rates may not last into the future. If the Fed gets inflation under control, after the current 6 months at 6.89%, the rate could drop if inflation falls.
