Are you looking for a secure investment option that offers a high return? Look no further than I bonds! Starting May 1st, the rate is expected to drop to a variable rate of 3.38% plus a potential fixed rate between 0.3-0.8%. But if you act now, you can lock in a fixed rate of 6.89% for the next six months! After that, your I bond will earn a likely rate of 0.4% fixed rate plus 3.38% interest rate for the following six months. Keep in mind that I bonds must be held for at least one year, and there is a penalty if they're closed before five years.
Despite this, I bonds offer an excellent investment opportunity with low risk and high returns. Don't miss out on this chance to secure your financial future!
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