This Loophole May Let You Invest More Than $10k Per Year in I Bonds

Core Insights - I Bonds are a popular investment choice for risk-averse investors, offering a fixed interest rate and inflation adjustment, with a current yield of 3.11% until April 2025 [2][5]. I Bonds Basics - I Bonds are issued by the U.S. government, carry a zero-coupon interest rate, and are sold at face value [2]. - The duration of I Bonds ranges from one year to 30 years, with interest paid monthly and compounded every six months [3]. Purchase Limits and Loopholes - Individuals can purchase up to $10,000 in I Bonds per year, but there are loopholes to increase this limit [5]. - An additional $5,000 in I Bonds can be purchased if expecting a tax refund, but these must be paper bonds [6]. - Each spouse in a married couple can buy $10,000 in I Bonds, and parents can purchase for their children, provided the funds are used for the child's benefit [7]. Business and Trust Purchases - Businesses and trusts can also purchase I Bonds, allowing for a potential total of $30,000 per year if structured correctly [8].