The stock market has over outperformed bonds over the long term but it kind of depends when you need that money. There are tax benefits so you do have to pay federal income tax on your I-BON interest. The state and local tax benefits are probably a bigger deal for most people. You can use the interest for education expenses as well so they're kind of like a backdoor college savings fund in that way.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode