Suze School: Is It Time To Stop Buying I Bonds?
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
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How to Buy Series I Bonds
When you buy an I bond for the very first year, you cannot sell it no matter what happens to you. Years two through five, there is a three month interest penalty if you happen to sell. After five years, you can sell anytime you want. The official name is called you redeem them and you can redeem any amount of money you want. That's essentially how series I bonds work.
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