Suggestions

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Series I Bonds Account

These bonds have unique properties that make them a good candidate for their own account type. Maximum contributions per year (10k electronic, 5k paper) Money is locked up for 1 year Interest penalty if redeemed between 1 and 5 years Tax-free for state and local taxes Tax-deferred federally, and tax-free if used for education expenses.

55 votes

Tagged as Suggestion

Suggested 22 April 2022 by user Shawn S

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  • 22 April 2022 Shawn S suggested this task

  • 22 April 2022 Kyle Nolan approved this task

  • avatar
    Skyr

    Agreed, also CDs can be added

    17 August 2022
  • avatar
    Shawn S

    I think the related suggestion for marking accounts as illiquid would solve the CD use case. https://changemap.co/projectifi/projectifi/task/6921-dont-allow-withdrawals-until-x/

    29 September 2022
  • avatar
    J G

    I would also allow for treasuries.

    06 November 2022
  • avatar
    Georgia Hoyler

    Agree, would love to be able to separately prioritize buying maximum i-bonds allowed before saving in other ways so this would be great to add!

    20 May 2023
  • avatar
    Jimmy Rocks

    This would be a great feature. Being able to add I-Series bonds and describe how they should be used in the draw-down would be very useful. Although it is more complex, having PL properly treat the tax when selling the I-Series would be great. In terms of growth, entering the fixed rate of the bonds is pretty straight-forward, but dealing with the variable rate changes in May and November would take more thought.

    22 July 2023
  • avatar
    Pamela Bucher

    Would love this option for both Series I and EE bonds.

    14 April