#ibonds

Move dad’s ibonds money into something else?

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Move dad’s ibonds money into something else? My dad is almost 68, still works a 9 to 5 drawing 100k pa pre-tax. Started drawing SSA benefits last year based on the OpenSocialSecurity calculator ($2.2k for self and $900 for wife who’s 70). Monthly expenses are under $3k after apartment rent, groceries, Medicare insurance premiums, etc. Currently maxing out his 401k and tIRA. We were never i…

Reddit Personal Finance 837 2024-05-27

Should I keep or sell my iBonds?

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Should I keep or sell my iBonds? I invested 10k in iBonds on Treasury direct exactly a year ago. Now that the current rate till Oct 23 is 4.30%, I’m debating if I should keep them as is or forfeit the last 3months of interest and move them to my HYSA that yields 5.30%. What would you suggest? submitted by /u/coolPineapple07

Reddit Personal Finance 158 2023-09-25