I Bonds Interest Rate 2023

I Bonds interest rate 2023 update. The interest rate for I Bonds purchased between May 2023 and October 31, 2023 is 4.3%. This is made up of a variable interest rate of 3.8%,and a fixed rate of 0.9%. This I Bond fixed rate of 0.9% is the highest fixed rate for I Bonds in 15 years. In this video we breakdown what I Bonds are, the new rate, how the interest works, how I Bonds are taxed, the restrictions, and purchasing limits. Finally, we discuss who should buy I bonds and who shouldn't.

Want more financial planning tips and strategies? Subscribe here to be notified of future videos: https://www.youtube.com/@thewealthfix

Want a free financial consultation with trusted financial professionals? Get it here  https://bulloakcapital.com/get-started/