How I Bonds Work (Comprehensive Guide to I Bonds)
How do I Bonds work?
In this video, I go over what Series I Bonds are, how they are able to return 9.62% APY, and how to buy them. With the current state of inflation in 2022, investing is very important and I bonds should be taken advantage of if you’re a beginner or an expert.
Be sure to watch this video all the way to the end of this video so that you can have a complete understanding of how to purchase I bonds, the restrictions that they come with, how to redeem I bonds, and what tax implications I bonds have. By the end of this video, you should be confident in how TreasuryDirect I bonds work. Nothing stated in this video is financial advice. Please consult an appropriate professional before making any purchase.
Link to TreasuryDirect:
https://treasurydirect.gov/
Link to I Bond section of TreasuryDirect:
https://treasurydirect.gov/indiv/research/...
#ibonds #inflation #investing
Time stamps:
0:00 - Intro
0:18 - What is an I Bond?
0:44 - How the Return Rate is Determined
1:18 - Formula for Return Rate & Example
2:13 - Rate Changes Explained
2:42 - How Interest Works
2:56 - Interest Example
3:28 - How to buy I Bonds
3:45 - Purchase Restrictions
3:57 - How to Redeem I Bonds
4:26 - Redemption Restrictions
4:44 - Tax Considerations
5:35 - Conclusion