Are I Bonds the Best Savings Strategy When Inflation is High? It Depends

But it may not be the right option for everyone.

I bonds have both a fixed rate and an inflation rate that’s adjusted every six months.

Depending on your needs and goals, an I bond may work best… or not.

Here are my recommendations, based on a few common hypothetical scenarios.

With apotential recessionahead, I bonds can offer you some financial security.

For example, you must keep your cash locked up for the first year.

You’re also limited to buying no more than $10,000 worth of electronic I bonds per year.

you could buy I bonds straight from the Treasury’s website, but the process hasreportedly been difficultfor some.