Finance Dave
Thinks s/he gets paid by the post
- Joined
- Mar 29, 2007
- Messages
- 1,864
No, you can't buy gifts for yourself. The way we did it was to buy three $10k gifts for each other for the next three years, so we can get the good interest rate now. On January 1 of 2023, 2024, and 2025, we will deliver those $10k bonds to each other. In each of those years, we will be unable to buy I-bonds for our own account (but we could buy more gifts to be delivered in future years).
This may help
That helps a lot, thank you!
And I think I know the answer to this but I'll ask anyway just to be sure. You are PURCHASING the I bonds on today's date..but delivering them later, right? As opposed to setting up a FUTURE purchase. I see the future purchase option...but I think I want to buy TODAY.