great9904
great9904 OP t1_iu0ts9u wrote
Reply to comment by DamoclesV3 in Treasury Direct - I bonds by great9904
Well that would be a bummer. All my orders are in, so hopefully they get filled before the rate change
great9904 OP t1_iu0l5ch wrote
Reply to comment by heyjesu in Treasury Direct - I bonds by great9904
Good to hear, thanks!
great9904 OP t1_iu0i6ui wrote
Reply to comment by limitless__ in Treasury Direct - I bonds by great9904
Yeah I saw the rate change, I figured if we can lock the 9% for the next 6 months we’re in better shape than what the money was getting in our savings account. It’s our house reno fund, so we still have probably 1.5-2 years until we need access to it
great9904 OP t1_iu0bpp5 wrote
Reply to comment by nothlit in Treasury Direct - I bonds by great9904
Yeah I saw it could take up to 13 weeks, but I wasn’t sure if that’s just something they say in case it takes that long or if generally people were getting it done in less time than that. Guess I’ll roll the dice and buy the gift now hoping it will be verified before the end of the year
great9904 OP t1_iu0bism wrote
Reply to comment by WhileNotLurking in Treasury Direct - I bonds by great9904
Okay thanks! Yeah I know it won’t happen before the rate changes. The plan was to buy $10k for each of us and then each buy a $10k gift for 2023, but my account didn’t get verified so I was hoping we could at least have my husband gift me $10k this year (buying it now with the rate now) and then he’ll also gift me $10k in 2023
Submitted by great9904 t3_yewew4 in personalfinance
great9904 OP t1_iu1q71k wrote
Reply to comment by PattyRain in Treasury Direct - I bonds by great9904
It’s possible you didn’t have to do that form, my husband didn’t but for some reason my account couldn’t be verified.
And based on my understanding if your son isn’t able to purchase the bonds now because his account isn’t verified then he would not get the 9% interest. What I did is have my husband buy the bond for me as a gift and once my account is verified he will gift it to me (which hopefully is before the end of the year so it can count towards my 2022 limit).