I Bonds: You Can Lock In Sky-High Interest Rate

You have just a few weeks left to take advantage of one of those almost-too-good-to-be-true opportunities. You can invest in Treasury I bonds, also called Series I savings bonds, which pay an interest rate of 9.62%.


In one straightforward scenario explained below, you invest $75,000 in such so-called I bonds. “Where else could you get a 9% plus return on an investment that is backed by the full faith and credit of the U.S. government?” said Paul Schatz, president of Heritage…

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