I Bonds: Inflation Hedge with Tax Perks

Inflation surges, with CPI showing a 3.8% year-over-year increase and a 0.6% monthly rise due to energy costs. Series I bonds, tied to inflation, offer a 4.26% composite rate and are exempt from state and local taxes. They outperform savings accounts, money markets, and CDs. However, they require a 12-month hold and have purchase limits. Consider the pros and cons before investing. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b80adfe66810f4ef