I-bonds

[BuffaloKyle]

Here's a news article on paper i bonds no longer being available. It states too that the limit to buy online will remain $10k per person. They really should bump it up to $15k to make up for the loss of the tax refund option.

I Bonds: You soon won't be able to get paper bonds with your tax refund

WWW.FREEP.COM

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TreasuryDirect issued a new FAQ that unveiled the end of a tax refund program involving I Bonds that began in 2010.

 

[handiacefailure]

Interesting about the tax option.   They probably don't want to issue paper bonds anymore but could still do online.   I hate giving the government use of my money anyway and always arrange it so that I withhold and pay in what my last years liability is to avoid a penalty if I do owe.

 

I am surprised they don't raise the limit though.

If you want to buy $20K a year, a good work around is to set up a second account with treasury direct with your trust if you have one .   Your trust doesn't need a Fed ID and I just used my social security number and did that back when they were a great investment.    I think anyone that hast enough money to invest should have a trust anyway.