What possibly can be better than Savings, CDs, Corporate Bonds, Annuity Rates?

Many of my clients, let alone college students who're looking for a good rate of return, do not know about Treasury Series I bonds.

Most people know about Savings accounts, CDs, Corporate Bonds, and even Annuities but not Treasury Series I bonds.

Treasury Series I bonds are backed by our US government, so you can be sure you wouldn’t it's investment safety. Furthermore, because the interest rates are getting higher and the current inflation is at a high of 8% plus, this Treasury Series I bond is a great option for this time period.

Like any great option, it's limited to how much a person can contribute per year – that limit is $10,000. So a household of 4 including two kids can each invest per social security number making it a possible total of $40,000 per year, per family. The current return rate is more than 9%, yes 9% plus, and that interest will be compounded semi-annually too!  You will only have to pay federal taxes on the gains when you sell, since state & local tax are exempted. For more information and learn more on how to invest directly, use this link: https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm

This is not financial advice, It's meant to be educational so you are more aware of this option in case you want to grow your money and/or to receive a higher yield on your savings. Please also check with your financial professional to see if this is an appropriate investment for your personal finance planning.