Exciting news for investors! The new inflation numbers are in, and the upcoming i-bonds rate for May through October is projected to have a variable rate of 3.38%, with an estimated fixed rate of 0.70%. This brings us to a total annualized interest rate of 4.08% - not too shabby! For comparison, the current rate for purchases until the end of April is a whopping 6.89%.
Should you buy now or wait until May? That's up to you! Keep in mind that you can purchase up to $10,000 in i bonds each year. Waiting until May 1st could potentially result in a higher fixed rate, giving you even more bang for your buck.
Don't miss out on this opportunity to invest in your financial future - act fast and make the most of these incredible rates!
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