Podcasts about series i savings bonds

In this episode of the Planned Solutions Incorporated Podcast, The yield curve is currently inverted meaning short-term term deposits are paying a higher interest rate than longer-term deposits. So, why would savers commit to longer-term deposits at a lower interest rate? It all comes down to the expectation for the future path of interest rates. If rates are expected to fall in the future it may be better to lock in longer-term rates today rather than roll over short-term deposits which may pay more today but could pay lower interest in the future. Also, A year ago, Series I Savings Bonds with no fixed rate and a high inflation rate were popular investments. Since then, the inflation rate on these bonds has declined sharply while newer bonds are now paying a fixed rate in addition to the inflation rate. So over the long term, the bonds purchased when inflation rates were high will likely yield less than the bonds issued before and after the frenzy will likely offer higher returns. And, Medicare premiums are means-tested meaning higher-income individuals may pay higher Medicare premiums. This is called the Income Related Monthly Adjustment Amount (IRMAA) which is based on the income from two years prior to the current year. However, if an individual had a qualifying life-changing event that caused their income to change may petition the Social Security Admin to have their IRMAA amount reduced based on their change in income. Plus a look at the Planned Solutions Incorporated Office Bulletin Board- As a result of the storms that hit California earlier this year, most counties in California were designated federally declared disaster areas. As a result, most CA residents were granted an automatic extension to file and pay their 2022 tax returns and balances through October 16, 2023. However, many taxpayers who have elected to take advantage of this extension have received past-due notices from the IRS. The problem is that the IRS computer system was not updated to reflect the extension, so the IRA has automatically mailed notices of balances due including to individuals who were eligible for the automatic extension. However, the IRS has reassured California taxpayers covered by the disaster declaration that they continue to have an automatic extension until later this year to file and pay their taxes. So if you intend to pay your taxes owed in October but get an IRS notice to pay the balance due now you can disregard the notice and delay your payment to later in the year as long as it is paid by October 16th Chase Armer's book- Financial Planning Insights is now available at: https://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279?ref_=ast_author_mpb To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com The Personal Finance Review is published and distributed biweekly by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action. Planned Solutions, Inc.

Rising interest rates - raise interest in how to optimize savings yields. Clark explains your best moves with Series I Savings Bonds and CDs in the current context of cooling inflation and where rates stand today. If you've got cash to stash, you'll better understand the savings moves to make right away to make the most of your money in time. Also, many Americans are neglecting an important part of protecting their families - life insurance. Clark helps you understand and get beyond the industry's current dysfunction - to get this vital task taken care of the right way, once and for all. Best Saving Strategies Now: Segment 1 Ask Clark: Segment 2 Get It Done-Life Insurance: Segment 3 Ask Clark: Segment 4 Mentioned on the show 3 Things Clark Says You Should Do With CDs in 2023 CNET - The Clock Is Ticking to Lock In a Long-Term CD: Why Experts Say You Shouldn't Wait Morningstar: I Bonds Are Down, But Not Out The Wall Street Journal: Return on I Bonds Drops to 4.3%, but They May Now Be a Better Long-Term Investment What Is a CD Ladder and When Is It a Good Idea? Are Money Market Funds a Safe Place To Stash My Savings? Your Guide to DIY Home Security Systems Wyze Cam v3 Review: Still Easy to Recommend / Wyze Cam Clark Deals - Home Security / Amazon Best Sellers in Security Cameras Life Insurance Is Profitable Again, but Too Late for Many Insurers What Is Term Life Insurance? How To Buy Term Life Insurance in 7 Easy Steps Life Insurance Archives - Clark Howard 12 Things You Never Knew You Could Get From Your Local Library Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

With savings rates up and I Bond rates headed down, Clark clears confusion on whether it's time to buy or sell Series I Savings Bonds. Also, the scales are starting to “tip” when it comes to gratuities. Being confronted with the tip option touchscreen guilt machine is hitting critical mass. Hear how Clark handles this.  I Bond Update: Segment 1 Ask Clark: Segment 2 The Ubiquitous Tipping Dilemma: Segment 3 Ask Clark: Segment 4 Mentioned on the show 5 Things To Know About Series I Savings Bonds / SavingsBonds.gov I Bonds rates in 2023 could be better now than in May Small Banks Are Losing to Big Banks. Their Customers Are About to Feel It.   HumbleDollar: Home / Investopedia Academy Schwab - Your U.S. Investing Education Center Vanguard - Education / Fidelity Learning Center Clark.com Investing & Retirement Target Date Funds: Clark's Favorite Retirement Investment IRS - Charities and their Volunteers Can You Deduct Expenses of Volunteering for Charity? Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

The clock is ticking on the best inflation investment. Series I Savings Bonds are about to go through a reset in November. Clark explains rates and holding terms. Act now to make inflation work for you. Also, when the free market speaks, industries must respond to survive. Automaker Ford has new rules for anticompetitive dealerships - great news for car buyers.   Series I Savings Bonds: Segment 1 Ask Clark: Segment 2 Ford's new dealership rules: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Barrons.com: Buy I Bonds Now at 9.6%. A New Rate Comes in November. 5 Things To Know About Series I Savings Bonds Best Renters Insurance Companies and Ones To Avoid Should You Buy an Extended Warranty on Your Car? 5 Things to Know About Renting an RV on Outdoorsy RV Rentals - Direct from Local Owners | #1 RV Rental Site Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Investing is typically a game of balancing risk and reward. Those who take more risk have the opportunity for higher reward, and those who take little risk are limited to minimal returns. However, there are occasionally times when the relationship between risk and return breaks down, and investors can achieve great returns without exposing themselves to significant risk. Series I Savings Bonds which are paying 9.62% are a current opportunity that fall into this category. If you are interested in learning how to earn a great return on your excess cash balances, we think you'll enjoy this episode. Thanks for listening! For those who are interested in even more detail on US Series I Savings Bonds, check out our blog post covering the same topic at https://pw-wm.com/learn/investing/high-return-and-low-risk-series-i-bonds-at-9-62/.

Series I Savings Bonds are very popular this year – Even though they are popular, boring to me at this time. In this episode, Ken talks more about the Series I Savings Bonds: What it is, how it works, and what the pros of investing in it are. He takes a deep dive as to why people are making their moves into investing in I Bonds and what it means if it still stays strong. Ken also argues what the other better alternatives are and why he is more excited to invest in other strategies and why the Series I Savings Bonds are boring for him. Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street. Links and Resources from this Episode DISCLAIMER For resources and additional information of this episode go to http://engineeroffinance.com Connect with Ken Greene http://engineeroffinance.com Office 775-624-8839 https://www.linkedin.com/in/ken-greene https://business.facebook.com/GreeneFinance https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm https://www.treasurydirect.gov/indiv/research/indepth/ibonds/IBondRateChart.pdf 'It's like going to the DMV online': What to know about buying Series I savings bonds via TreasuryDirect Book a meeting with Ken If you liked what you've heard and would like a one-on-one meeting with the Engineer Of Finance click here Show Notes From boring to exciting: Why Series I Bonds are exciting to talk about What the pros of I Bonds are Where the safest place to put your money is How these Series I Bonds work Why the Bankosaurus® is more exciting than these types of investments What's the better alternative to Series I Bonds Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Subscribe with Apple Podcasts Follow on Spotify Subscribe with Stitcher Subscribe with RSS

SERIES I SAVINGS BONDS FROM BALTIMORE WASHINGTON FINANCIAL ADVISORS with Lawrence M. Post | CPA, MST, CFP®, CIMA® Senior Tax & Planning Advisor BWFA The post EP19: Series I Savings Bonds – 8.4.22 appeared first on Baltimore Washington Financial Advisors.

Today's episode features Joseph Hogue, creator of Let's Talk Money! YouTube channel. Joseph served in the marines but upon getting out he went to college to chase the world of finance. He would become an investment analyst for some of the largest personal investors. Joseph is extremely qualified to talk about a huge variety of finance topics but we brought him on this episode for one reason. That reason was Series I Savings Bonds. I Bonds have been a hot topic in the community as we're seeing high-interest rates which have led to almost 10% guaranteed returns! In this episode, you'll learn how to invest, how much you can invest, and everything you could possibly want to know about I Bonds. If you enjoyed this episode as much as we did, please share! Links From the Episode Let's Talk Money! YouTube Channel My Stock Market Basics My Work From Home Money YouTube Interview https://youtu.be/JqL5UfL0euY Join the Community We'd love to hear your comments and questions about this week's episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here

Series I Savings Bonds, also known as I-bonds, are offered by the US Treasury as a way to protect the purchasing power of your money from being eroded by inflation. This is protection many investors want badly right now, as inflation has roared back to life over the past year and a half. After decades most spent under 2%, as of the time of this recording, the official Consumer Price Index, or CPI, is currently at a 41-year high of 8.6% annualized: The way that I-bonds defend against this is they earn a monthly interest rate that's usually higher than the CPI. So their return beats or comes quite close to the officially-reported inflation rate. In this video, we explain what I-bonds are, how they work, what their benefits are & how to buy them. https://youtu.be/efDIvlbgwDo

Carson and Myles discuss Series I Savings Bonds. With interest rates on the rise, we have been getting questions about Series I Savings Bonds lately. We wanted to take moment to discuss what they are, how they work, and how they may or may not fit into your overall plan.

Getting started in investing your money is very similar to running a marathon. It's almost like the couch to 5K. If you're just starting from your couch, you don't just get up and run a 5K. You might be able to do that, but you might get hurt. Key Talking Points of the Episode [01:57] Invest with PreREO! [02:50] How is investing similar to running a marathon? [04:35] Why do you need to handle investing in phases? [05:32] What should be your first goal? [07:07] What should you do with the money you're saving? [08:01] What comes after building your savings? [09:00] Should you be max funding your 401K? [09:58] How can you start getting into investing? [11:19] Why should you consider Series I Savings Bonds too? [12:30] How can I Bonds help you outpace inflation? [13:48] What investments can give you better returns? [14:50] What is the ultimate goal when you invest? [15:52] What happens when you reach the finish line? [16:32] What options do you have when you're getting started? [17:22] How can passive income change your life? Quotables “Your goal is to just start building a small amount of money in savings and hold it for a time in just a savings account.” “Don't take all your cash and empty it to either pay off debts, invest, or do anything else. You do not wanna gamble this money.” “Do not fund your 401Ks and your IRAs. Forget those things. Again, focus on your savings and build up that liquid reserve.” “Just so you know, these I Bonds, you can do as little as $25 invested. You can invest as little as $25, all the way up to $10K per person.” “You have so many different places you can start from, no matter where you are. You always have a win.”

U.S. Airline Bookings I have said that I believe the economy will be held up by a shift from goods to services throughout the rest of this year. I was a bit worried with my prediction when I saw a headline that U.S. airline bookings dropped 17% last month from March. CPI (Consumer Price Index) I'm still sticking with my prediction that inflation likely peaked last month at 8.5%. All that means to me is that is likely the highest reading we will see. It does not mean that inflation will not remain a problem.  Coinbase stock (COIN) Coinbase stock (COIN) has been absolutely hammered this year as it is down nearly 80% and in the last week alone it is down close to 50%. There was a recent disclosure in the company's recent 10-Q that is filed with the SEC that would absolutely spook me as an investor.    Harrison Johnson, CFP®: Series I Savings Bonds

In this episode of the Planned Solutions Incorporated Podcast, The stock market is currently testing a key level that could impact the performance of the market over the first six months of 2022. After declining in January, and then falling further in March, the stock market is now testing its lows from March. Should the market rebound in May it may create a double bottom which could be a positive sign going forward. However, if the market declines further, dipping below the March / April lows, it could mean that another leg down will come before the market finds a bottom. Also, Series I US Government Savings Bonds are currently offering attractive interest rates. The rates on these bonds are based on the rate of inflation which is currently quite high compared to other interest rates. However, investors should understand the rules surrounding these bonds including the limits on the amount that can be purchased, required holding periods, and the income tax implications. And, In an effort to uncover untaxed income the IRS is now requiring more and more companies to issue Form 1099-K to report transactions. This means that more credit card and third-party networks will be reporting income to taxpayers. In some cases, this may be taxable income that should have been reported anyway but in others, it may be payments for personal expenses, such as a friend reimbursing an individual for tickets to a concert or sporting event. Therefore, taxpayers may need to be more cautious when using these payment platforms. Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Save the date for the Harlan D. Wood Memorial Cancer Charity Golf Tournament which is scheduled for Friday September 9th, 2022. We hope to build on the strong participation that we had last year and set a new record in regard to funds raised for cancer charities again this year. The course should be in good shape and the silent auction items will be great again this year. In addition, we are going to switch things up a bit and play the South Course this year, which plays a little easier but is every bit as good as the North Course for great views and tricky angles to the greens. Please mark your calendars if you will be able to attend. Date: Friday, September 9th, 2022 Location: Rancho Murieta Country Club – South Course 7000 Alameda Drive ancho Murieta, CA 95683 Time: 12:30 pm shotgun start with a dinner to follow All profits go to cancer research and education. You can help by attending the tournament or donating. Not golfing? Bring friends and attend the dinner. Chase Armer's book- Financial Planning Insights is now available at: www.amazon.com/Financial-Planning…1586894022&sr=8-1 To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action. Planned Solutions, Inc. ADDRESS: PHONE: 1130 Iron Point Road, Suite 170 (916) 361-0100 Folsom, CA 95630 (800) 750-2111 E-MAIL: FAX: Shannon@PlannedSolutions.com (916) 361-0191 WEB SITE: www.PlannedSolutions.com

Friday - Clark Stinks day! Christa shares Clark Stinks posts with Clark. Submit yours at Clark.com/ClarkStinks. Then Clark discusses a wise approach to market volatility, where to park savings for the best rate moving forward and Series I Savings Bonds. Clark Stinks: Segments 1 & 2 Current Saving & Investing Strategy: Segment 3 Ask Clark: Segment 4   Mentioned on the show: 5 Things To Know About Series I Savings Bonds - SavingsBonds.gov What Is an HSA Account and How Does It Work? Food Expiration Dates: What You Need To Know Do Not Give Your Social Security Number at These Places Emergency Fund Complete Guide: How Much & Where   Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Portfolio Rescue, the show where we answer your questions about investing and personal finance. On episode 23, Ben and Duncan are joined by Ritholtz advisor, Ben Coulthard to discuss: series I savings bonds, when it's okay to splurge, how target date funds work, and much more! Submit your questions to askthecompoundshow@gmail.com!Sign up for The Compound newsletter: https://email.thecompoundnews.com/subscribeCheck out The Compound shop: https://www.idontshop.comLearn more about Ritholtz Wealth's automated investing platform, Liftoff: http://liftoffinvest.comInvesting involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Ben Carlson, Ben Coulthard, and Duncan Hill are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. See acast.com/privacy for privacy and opt-out information.

A stock split could theoretically boost retail share ownership because a cheaper stock price is more accessible to a wider range of investors. Today's Stocks & Topics: CUBI - Customers Bancorp Inc., Loans, Housing Prices, SRC - Spirit Realty Capital Inc., Moving Averages, Amazon Split, Series I Savings Bonds, WEC - WEC Energy Group Inc., AMAT - Applied Materials Inc., Equity Summary Score, Delivery Drones. TRIVIA QUESTION: "Can you name 3 behaviors that might trigger an IRS audit?"Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This episode of the Retirement Made Easy podcast is a mix of the old and the new. I revisit some listener questions that are currently relevant as well as answer a NEW question that's debunking a once-popular social security disbursement method. What is it? You'll have to give this episode a listen to learn more.  > You will want to hear this episode if you are interested in... [1:40] Get your FREE pre-retirement assessment [2:15] Question #1: Debunking the “file and suspend” disbursement method [6:07] Question #2: Required minimum distributions and Roth conversions [7:18] Question #3: Do you take the lump-sum pension or monthly checks? [10:16] Question #4: What's the best way to pay for Medicare part B? [13:45] Question #5: Should you invest in Series I Savings Bonds? [16:03] Question #6: What an inheritance means for your retirement Debunking the “file and suspend” disbursement method After doing some research, Paul concluded that filing and suspending his benefit at his full retirement age would be the best scenario for him. Why? At any point after full retirement, he could go back to social security and say he messed up and wanted to claim his benefit at his full retirement age. What would happen? They'd write him a check for a lump sum for the difference of those years.  Here's the problem with the file and suspend method: The Bipartisan Act of 2015 eliminated the lump sum option. Now, if you file and suspend, they will NOT write you a lump sum. While this idea doesn't work anymore, we've certainly used this method in the past. Another popular loophole was to file a restricted application for your spouse. If Paul's benefit was $3,000 and his wife's was $2,000 a month, Paul could file a restricted application. His wife would still get the $2,000 but he'd get half of her benefit—$1,000. Then, he'd let his own benefit defer until age 70 and collect it when it's higher. Unfortunately, this strategy was also done away with because of the 2015 Bipartisan Act. Do you take a lump-sum pension or monthly checks? This particular listener is worried her husband's pension won't be there down the road because her uncle's pension went bankrupt. She thinks he should take the lump sum because they don't need the monthly income. Why? They can live comfortably on social security. What should she do? Firstly, I'd like to point out that I need more information. I'd want to see how well-funded the pension is and whether or not it offers a partial lump-sum option. If so, you could still get the monthly check and then roll the lump sum into a Roth IRA.  Secondly, what other retirement resources do you have? If you don't have enough saved for retirement and are relying on social security and this pension, then you've got liquidity concerns and it makes sense to take the lump sum. You have to invest the money to make sure it lasts as long as you do. Listen to hear what else I think you need to consider when it comes to pensions.  How to pay for Medicare part B if you delay social security  This listener wants to delay their social security until age 70. He's currently 63 and wants to retire at 65 and jump on Medicare. What's the best way for him to pay for medicare part B if he's delaying social security disbursements? The Medicare part B premium is income-abased. For most people, it will start at $148.50 per month. It comes out of your social security benefit.  The cost of Medicare Part B is increasing to $170.10 in 2022 (increasing 14.5%). What do I recommend? Take advantage of an HSA. Build that up prior to retirement and use it to pay for Medicare part B premiums, dental and vision expenses, deductibles, copays and coinsurance, medicine, and more. I understand that not everyone has access to HSAs but if you do, take advantage of it. Should you choose a medicare supplement or advantage plan? Listen to hear my thoughts.  Question #5: Series I Savings Bonds  We talked about using Series I Savings Bonds to be a hedge against inflation in episode #91. Through April 2022, the interest rate is set at 7.12%. Should you consider it for an emergency fund? That's completely up to you. The interest rate is based on inflation (which is through the roof this year) and is paid every 6 months. Sometime in April, they'll announce the next interest rate. Series I Savings Bonds are limited to $10,000 per person, so a couple could invest up to $20,000. Check out the treasury website to learn more! Listen to the whole episode to hear all of the questions!  Resources & People Mentioned Get your FREE pre-retirement assessment Series I Savings Bonds Connect With Gregg Gonzalez Email at: Gregg@RetireSTL.com  Podcast: https://RetirementMadeEasyPodcast.com Website: https://StLouisFinancialAdvisor.com Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube Subscribe to Retirement Made EasyOn Apple Podcasts, Spotify, Google Podcasts

If you have cash that would otherwise sit in the bank, Series I Savings Bonds might be a place to look. They're only available for purchase through TreasuryDirect, but could be a great solution for some people looking for a safe way to keep pace with inflation.

In this episode of Retirement Unlimited, Randy dives into The Tax Advantages of Series I Savings Bonds in the Retirement Update. Next, Randy reviews Be Treasury Inflation-Protected Securities in Tactical Asset Management. Lastly, Randy delves into How to Lower Alzheimer's Risk in News You Can Use.

Earning interest on safe investments is hard to come by these days. Today's episode covers Series I Savings Bonds sold directly by the US Treasury and these are important now. For more content on how to retire confidently, head over to https://birchwoodcapital.com/

On this podcast, Karl welcomes Casey Keller, CFA to discuss the Series I Savings Bonds and if the interest rate they are paying is legitimate and if it will last.  Plus, Casey lets the audience know exactly how these bonds work. 

If you have cash savings that you will not need for at least a year, consider investing in US Government I Series Savings Bonds. Check out the Treasury Direct information page for Series I Savings Bonds: https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm#irate  The I Bonds you buy between now and April 22, 2022 will earn you at least 3 1/2 percent interest over 1 year. After that you should reevaluate and consider redeeming them if other cash savings rates are better.The interest that the I Bonds pays has two parts. The first part is based on a bond interest rates when you purchase your bond . This interest is fixed for the life of the bonds which is 30 years, unless you sell it first. This fixed part rate for is now 0%. Now the second part is a floating interest-rate. So you know that if you invest now, that the first part is gonna be 0%. But the second, floating rate is based on inflation and changes every six months in November and April. We had an inflation spike in 2021 . Because of that recent spike in inflation the floating rate for bonds purchased through April 2022 is 7.12% annualized. What this means is for those first six months you'll earn 3.56% on your bond which is half of the annualized rate. Then the floating rate will change for the second six months. The floating rate could also drop to zero if there is no inflation. But even if that happens you would still have a total of 3.56% return for one year.You can buy up to $10,000 in electronic I Bonds now for calendar year 2021 and up to another $10,000 for calendar year 2022 after January 1st. The bonds are backed by the federal government and it guarantees you will get you money back, plus the interest. You will pay federal income tax on the interest when you redeem the bond, but they are exempt from state tax. You cannot redeem I Bonds in the first year. And if you redeem within 5 years of purchase, you will forfeit the last 3 months of interest earned. The unusual combination of recent high inflation and low general interest rates make the return on I Bonds you purchase between now and the end of April 2022 a pretty good deal compared to other places you can stash your cash.If you are interested, you buy electronic I Bonds directly from the US Treasury online for amounts from $25-$10,000. You purchase these online directly from the Treasury at https://www.treasurydirect.gov/global_open.htm  Each person can buy up to $10,000 in electronic I bonds each calendar year. To open an account you will need your drivers license, Social Security number, and bank routing and account numbers for the electronic transfer of funds and you can designate one beneficiary for your bond.You can also buy I Bonds as a gift for someone else including minor children. That person would also have to have a treasury direct account. More information is here: https://www.treasurydirect.gov/indiv/planning/plan_gifts.htmThere are also paper I bonds they can only be purchased with a federal income tax refund. You can use up to $5000 of any refund on your federal taxes to purchase these paper Io bonds. More information at https://www.treasurydirect.gov/indiv/research/faq/faq_irstaxfeature.htm And this $5000 limit is in addition to the $10,000 a year electronic I Bond. You would need to file IRS form 8888 with your tax return to do that.If you'd like more information on bonds in general, check out Episode 53 Bonds. And for an overview of paces to safely invest cash listen to Episode 39 Stash the Cash. Have a wonderful Christmas and we'll talk again next week.

Many of us have experienced inflation to this point in 2021 through rising costs, however there is a flip side to that coin!  Series I Savings Bonds, which pay an interest rate tied to inflation, are paying attractive rates.  In this episode we discuss I Bonds, and Ross takes us through what it was like to purchase one through TreasuryDirect.gov.Have you reached any personal financial milestones in 2021?  Let us celebrate your success!  Email us at checkyourbalances@outlook.com to potentially be featured!

Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about how inflation is impacting Series I savings bonds and why now might be a good time to buy. And as always, Terry answers all of your financial questions. Segment 2: Michael Fassnacht, Chief Marketing Officer for the City of Chicago and the CEO […]

Series I Savings Bonds are paying 7.12% interest for the next 6 months. Clark explains how long these bonds must be held and how they work. Recommended. / Are those “free” phone offers really worth it? Clark explains what it's really costing you. Best Cell Phone Plans and Deals in 2021 Ask Clark topics include: Wills & Funerals Archives / How To Open a Roth IRA / File a Complaint | Better Business Bureau / 6 Things To Know Before You Sign Up for Visible / iPhone 13 Deal: Get $200 + HomePod Mini With Visible / Clark Deals - Phones - Clark Deals - Phone Plans Want more money advice? Sign up for Clark's free daily newsletter! Free Advice: Clark's Consumer Action Center Learn more about your ad choices. Visit megaphone.fm/adchoices

It's time for a Friday Flight! These episodes are all about the week's financial news and the impact on your personal finances. There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off the weekend informed and help you to continue to make smart money moves. In this episode we cover some relevant and helpful stories like: we'll see you at Monday Night Garage tonight, savings rates to the moon, Series I Savings Bonds paying over 7%, credit card debt leading to poor physical health, dodging debt collectors, gig companies under fire, sustainable investing scams, female investors outperforming their male counterparts, and one stingy Shaq. And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you're not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend! Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

As interest rates continue to be low, it can be difficult to cope with inflation. This can lead to a negative real return net of inflation, with your money losing value every day! Don't worry. Your search for greater interest rates ends here. Today, we'll introduce you to a less-known government security that can help you cope with inflation with minimal risk: the U.S. Series I Savings Bond (I Bond).

Treasury Secretary Janet Yellen urged congressional leaders to step up spending, saying that the government is operating on a budget that is more than a decade behind the times. Today's Stocks & Topics: AFL - AFLAC Inc., Credit Score, Getting Back to Normal, Manufacturing, Mutual Funds, GQGIX - GQG Partners Emerging Markets Equity Fund Institutional, STT - State Street Corp., T - AT&T Inc., PFE - Pfizer Inc., BGSF - BGSF Inc., CPER - United States Copper Index Fund, When to Take Profit, Bonds, Series I Savings Bonds, PACK - Ranpak Holdings Corp. TRIVIA QUESTION: "What are some of the telltale signs that you could run out of money in your retirement? In other words, what might be your budget planning mistakes?"Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy