Topic: savings-bonds

What Is a Series I Savings Bond, and How Does It Work?

• A Series I savings bond, or I bond, is a US government savings bond built to protect your money from inflation.
• Its interest rate has two parts, one fixed and one that moves with inflation, so your return rises when prices do.
• It is safe and tax-friendly, but comes with a yearly purchase cap and rules on when you can cash out.