Senate Proposing Raising Limit on I Bond Purchases

New legislation, known as the Savings Security Act of 2022, is proposing raising the limit of I Bond purchases to $30,000 if the average six-month annual Consumer Price Index for all Urban Consumers exceeds 3.5%.

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LINKS: https://www.yahoo.com/video/senators-fighting-help-buy-more-185434555.html

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.