The I-bonds are also a good alternative and are paying 9.62% if purchased before end of Oct. Rate adjusts every 6 months, but for now is quite an inflation hedge. Max purchase per SSN is $10k per calendar year, plus can use up to $5k of a tax refund to purchase I bonds, so $15K total per year. You use Form 8888 to re-direct a portion of your tax refund. Exempt from local and state taxes as well.
Last edited by COPO; 10-25-2022 at 04:57 AM.
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