How To Buy — I Bonds

: If you cash out before 5 years , you forfeit the last three months of interest earned.

: You can use your federal tax refund to buy up to an additional $5,000 in paper I Bonds annually, totaling a $15,000 limit. 4. Holding Rules & Penalties

: You cannot cash in an I Bond for the first 12 months after purchase. how to buy i bonds

: You must establish a personalized account on the TreasuryDirect registration page.

: Bonds earn interest for up to 30 years unless cashed earlier. 5. Interest Rates & Taxation : If you cash out before 5 years

: Interest is exempt from state and local taxes, though federal income tax still applies (unless used for qualifying higher education expenses).

AI responses may include mistakes. For financial advice, consult a professional. Learn more How to buy bonds: A complete guide - Business Insider Holding Rules & Penalties : You cannot cash

: Visit TreasuryDirect and follow the prompts to "Open an Account". Choose "Individual" for a personal account. Set up security questions and a password. Authorize Funding : Link your checking or savings account. Execute Trade : Log in and select the "BuyDirect" tab. Select "Series I Savings Bonds" and click "Submit". Enter the amount you wish to purchase (minimum $25). Review the purchase and confirm. 3. Investment Limits