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I-Bond Redemption Roadmap




For those of you who (like me) pulled the trigger on I-bonds back when the rates were hovering around 9%-10% in 2022, you may be considering other more flexible interest-bearing investments now that the rate has decreased to 4.3%. With that in mind, I wanted to point you to this article from Pacific Capital Associates that gives a simple summary about when you should cash out your I-bond to get the most benefit from your investment. But remember there’s a 3-month interest penalty when cashing out within 5 years of purchasing the I Bond. Therefore, this article reminds you it's best to hold off until you're giving back 3 months of the 4.3% rate and not any part of the preceding 6.89%.

More importantly, there's a handy table that tells you exactly when to redeem your I-bond investment based on how long you've held it. I hope it helps some of you like it did for me!

The second article I'm passing along has some information about people signing up for Medicare. Government bureaucracies are a burden I would prefer to avoid, but if Medicare is something you need to deal with, this article will help you avoid some common mistakes.

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