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The only way to buy electronic I bonds is directly through the U.S. Treasury Department as you cannot buy them through a bank. To purchase them online, you can follow the steps outlined above.
Purchases are completed through auction, and there are two ways to buy these bonds: Non-competitive bids. ... Log into the TreasuryDirect account online. Select the “BuyDirect” tab.
Savings bond purchasers tend to purchase fewer bonds when interest rates are lower, and interest rates had been declining over the past several years. [1] For example, in May 2015, new Series EE bonds earned 0.3 percent interest, and new Series I bonds earned zero percent interest at that time. [43]
Continue reading ->The post How to Use Treasury Direct to Buy Government Bonds appeared first on SmartAsset Blog. This is because your money is backed by the full faith of the U.S. government, so ...
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To buy paper I bonds directly with your refund, you don’t need to open a TreasuryDirect account. Instead, follow the instructions on the Internal Revenue Service’s Form 8888 and file that form ...