The Pros and Cons of Investing in Series I Savings Bonds

What Are Series I Savings Bonds?

Series I savings bonds are a specific kind of U.S. savings bond created to shield your money’s value against inflation

Pros of Series I Savings Bonds

Compared to most other saving strategies, series I savings bonds offer far better protection against inflation.

Inflation Protection

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Floral Pattern

Safe Investment

The U.S. government backs series I savings bonds. Therefore, if the U.S. government keeps honoring its debt, there’s no chance of default.

I-Bonds are not subject to state income taxes but are liable to federal income tax when cashed in. Additionally, investors may occasionally be tax-free if they use I-Bonds for education.

Exempt From State/Local Tax

Cons of Series I Savings Bonds

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Floral Pattern