Tag: savings bond

Ask Kip: Answers to Frequently Asked I Bond Questions

By Lisa Gerstner From Kiplinger’s Personal Finance Q: I see that U.S. Series I Savings Bonds are currently paying a rate of paying 9.62 percent. How is the interest rate determined? A: The composite rate has two parts: a fixed rate, which remains the same for the life of the bond, and an inflation rate,…


West Virginia Offers $100 Savings Bonds to Younger Residents to Get Vaccinated

West Virginia is encouraging its younger residents to get the COVID-19 vaccine by offering them a $100 savings bond if they choose to get inoculated. West Virginia Gov. Jim Justice, a Republican, on Monday announced that vaccinated residents aged 16 to 35 would qualify for the savings bonds, which are to be paid for with…