: You must have a Social Security number and be a U.S. citizen, a U.S. resident, or a civilian employee of the U.S. government.
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: You can purchase up to $10,000 per person, per calendar year through TreasuryDirect. how to buy i bonds
: You will need your bank's routing and account numbers to link for electronic funds transfers. 2. Step-by-Step Purchase Process
: Visit TreasuryDirect and follow the prompts to "Open an Account". Choose "Individual" for a personal account. Set up security questions and a password. Authorize Funding : Link your checking or savings account. Execute Trade : Log in and select the "BuyDirect" tab. Select "Series I Savings Bonds" and click "Submit". Enter the amount you wish to purchase (minimum $25). Review the purchase and confirm. 3. Investment Limits : You must have a Social Security number and be a U
: If you cash out before 5 years , you forfeit the last three months of interest earned.
: You cannot cash in an I Bond for the first 12 months after purchase. government
: Interest is exempt from state and local taxes, though federal income tax still applies (unless used for qualifying higher education expenses).