Treasury I bonds - 7% interest and compounded every 6months

[Pavanonline]

2 hours ago, Original Profile said:

Ya registered and deposited yesterday. No issues. Today funds might get transferred 

Hmm nene lucky fellow anamata. Aa doc kuda certify cheyinchalata, not notary not bank anta. Mari inkevadu chestado mari 

[Pandubabu]

On 4/26/2022 at 8:30 AM, HugoStrange said:

Alternate to 529 may be. 7% interest rate and compounded ever 6 months. Safest option

- can only invest 10k per person per year

- cannot withdraw in the first year

- will lose 3 months interest if withdrawn within 5 years

- no tax benefit

- subjected to Fed tax at the time of withdrawal. If its in ur name then it will be 24% or more on gains as u will still be earning. If in kids name then the tax bracket will be less when they are 18

still a better option for kids as 529 can only used for college in US. see the video for full clarity

 

 

7% not guaranteed. The rate changes every 6 months . It could be 0%.not a good idea for 529s. Best place for emergency funds

[Pandubabu]

On 4/26/2022 at 11:16 AM, galiraju said:

529 before tax  kno?

Nooo.but you may get tax deduction from some states 

[Original Profile]

15 hours ago, Pavanonline said:

Hmm nene lucky fellow anamata. Aa doc kuda certify cheyinchalata, not notary not bank anta. Mari inkevadu chestado mari 

You probably didn’t get provide DL

[Anta Assamey]

[mirchi_bajji]

https://slickdeals.net/f/15497017-us-treasury-series-i-savings-bonds-inflation-rate-earnings-nov-21-april-22-7-12-interest-limit-10k-year-per-person

 

chaduvkondi...chala disco ayyindi last 6 months lo

[sreenidhee]

anyone buying?

[sreenidhee]

On 4/27/2022 at 4:34 PM, Original Profile said:

Ya registered and deposited yesterday. No issues. Today funds might get transferred 

can do it on H1B status?

[summer27]

How to buy?

[Tofu]

38 minutes ago, summer27 said:

How to buy?

koncham research karo na...maree intha basic quechen ante ela how...junior ante emana anukovachu kani karadu gattina db vruddha members lo nuvvu okadivi

[Original Profile]

12 hours ago, sreenidhee said:

can do it on H1B status?

Koni padey mundhu cheptha…ofcourse andaram H1 le ga

[ennnna chata]

Only us citizen eligible to invest bro ( I am a Us person as defined by Irs) check box chudu

[ennnna chata]

Non resident alien not eligible anukunta bro check before you invest

[Pavanonline]

4 hours ago, ennnna chata said:

Non resident alien not eligible anukunta bro check before you invest

we are residents ye kada, not an issue.

[Pavanonline]

On 4/28/2022 at 10:10 AM, Original Profile said:

You probably didn’t get provide DL

Icha bro