Uncovering the Forgotten Value of Series I Bonds

1 min read
Source: MarketWatch
Uncovering the Forgotten Value of Series I Bonds
Photo: MarketWatch
TL;DR

If you bought Series I bonds and forgot about them, you can log into your TreasuryDirect account to check your balance and calculate your cumulative interest rate. The current composite rate is 4.3%, but the upcoming rate will be announced by the Treasury. You have options: hold onto the bonds for long-term preservation of capital, cash them out and buy I-bonds with a fixed-rate component, or invest in other Treasury products like TIPS. Financial experts suggest considering the current rates and inflation protection when making a decision.

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