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If you buy an I-Bond because you like the advertised 6-month rate, are you locked in to buying for the next 6-month rate (which may drop to 0%) as well?
If you buy an I-Bond because you like the advertised 6-month rate, are you locked in to buying for the next 6-month rate (which may drop to 0%) as well? Very confused; how does this work? So let's say a website says an I-Bond current rate is 5% and that I can buy $10k now and get 5% interest back. OK so am I able to pull out my money+interest then? Or is there a possibility that the NEXT 6 months the rate drops to 0% and then the $10k is locked up earning 0% interest for those next 6 months? If...
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