Ask Terry Questions Series I bonds

Series I bonds

By Terry Savage on December 01, 2021 | Chicken Money

Is the 7% interest rate an annual rate or a “life of the bond” rate? It seems like if I invest $10K, I would have 10,700 in late 2026, yes?

Terry Says

Please read this post from last week, explaining how I-bonds work — and the penalties for cashing them in early.

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