How To Find Your I-Bond Interest (I-Bonds 2023)

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  • Опубліковано 21 вер 2024

КОМЕНТАРІ • 117

  • @DiamondNestEgg
    @DiamondNestEgg  Рік тому +8

    Thanks for visiting our personal finance channel! We hope this free content will help fast-track your financial journey! Everyone's financial journey is different. Please note that there are questions/ comments which I will not be able to answer without fully understanding your financial, personal & other circumstances.
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    • @andreytravkin7579
      @andreytravkin7579 Рік тому

      Hey, Jennifer! I have a different issue, I can't find my I-bonds statements. Do they even exist?

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому +1

      @@andreytravkin7579 TD doesn't send statements. I know some folks track with a spreadsheet or screenshot monthly.

    • @blainglenn7184
      @blainglenn7184 11 місяців тому

      @@DiamondNestEgg They don't send statements, okay, but don't they show somewhere the interest earned each month?

  • @siaseeds8950
    @siaseeds8950 Рік тому +6

    Thank you. This website is such a pain in the ass to navigate. It's almost as if they don't want people to use it.

  • @SecretCollage
    @SecretCollage 7 місяців тому +1

    OMG you're an angel for sharing this with us! I was STRESS thinking my bond made $0 in 1.5 years.
    Thank you Thank you!!!!

  • @edwardberger8991
    @edwardberger8991 Рік тому +2

    Great summary on ibond interest....I couldn't figure out value and didn't realize they back out the last 3 months interest! Thanks for making this so clear.

  • @aaronlpez9594
    @aaronlpez9594 Рік тому +2

    Thank you so much for holding our hand and helping us cross the road. 🤣🤣 This might be very basic to some people but I could not figure out what that section was telling me for the longest time.

  • @oldschoolwarrior
    @oldschoolwarrior Рік тому

    Thank you! Last time I clicked on it the interest hadn’t posted yet, so I just assumed I would find it somewhere else. This was very helpful!

  • @knelsonatl
    @knelsonatl Рік тому +1

    Jennifer, loving the new color-blocking sweater! Always guiding us and we so appreciate it. My husband is still snippy about the .gov with holding the last 3 months penalty saying every month, "Well I don't like and I don't like it!" Such is my life. It could be so much worse. You're the best- thank you as always. 😂😂😂

  • @nycsfo9
    @nycsfo9 Рік тому +3

    Helpful, thanks! Didn't know the balance took into account the three month penalty for early withdrawal but good to know.

  • @Jp421JP
    @Jp421JP Рік тому +2

    So it takes 5 months from the issue date for any interest to show up? Is there a way to tell what the rates are for the I bonds purchased, for the duration of the time they are held, to check to be sure we are getting the correct interest?

  • @WalterHoellein
    @WalterHoellein Рік тому +1

    Very formative! Thank you!

  • @mrgreen859
    @mrgreen859 5 місяців тому

    Thanks - SUPER SAVER

  • @hrhsophiathefirst4060
    @hrhsophiathefirst4060 Рік тому +1

    Thanks for the clarity!

  • @susanthowe6112
    @susanthowe6112 Рік тому +1

    Good vid as always. I was planning on reporting my interest annually, but I now realize that the interest would always have to be known from January 1 of the previous year so you could do the subtraction from this year's January 1 amount. That's fine until you forget to look at some year until February, then you'd be screwed, it seems, because you wouldn't know last year's exact interest. What a mess. As much as I hate to wait and pay taxes on everything at redemption, at least I'd have a 1099-INT in my hand and it would result in much easier procedures come tax day.

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      Thanks for sharing!

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      Pay I-Bond Taxes Annually or Pay I-Bond Taxes At Redemption
      ua-cam.com/video/jNl4br-M9Qo/v-deo.html

  • @TheChinaPlay
    @TheChinaPlay Рік тому +2

    Who knew I would like being called a "Super Saver" so much.

  • @garyh4458
    @garyh4458 Рік тому

    Some ideas for videos: 1 - ok, I bought a bunch of t bills and cds from Fidelity based on your info... some are now maturing in the next week... how do I cash them out?!?! 2 - when are you going to start trying to predict i bond interest for May 2023? Thanks!

  • @xbbradley
    @xbbradley Рік тому +1

    ...thanks!!!! YOu are awesome!!

  • @ShadedWarrior
    @ShadedWarrior Рік тому

    THANK YOU!! I was super mad before I watched this, LOL

  • @taindruu
    @taindruu Рік тому

    Good vedio. How can I know what interest rate I am currently having with my bond?

  • @dancurran8977
    @dancurran8977 Рік тому +2

    I love the current value of my I-Bonds! What do you think about a round of I-Bond gifts between family members right now to be received in 2024 vs other treasury bonds?

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому +1

      I need to crunch some more numbers before I can answer that - stay tuned for more I-Bond videos shortly.

  • @PiwFun
    @PiwFun Рік тому

    Thank so much for all you’re doing to help us understand a lots❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤.

  • @garymarquez9398
    @garymarquez9398 Рік тому

    Jennifer Excellent info and Happy New Year!🎉 Question, do you continue to receive interest after 5 years? Thanks.

  • @zola8063
    @zola8063 Рік тому

    Very helpful! Thank you!

  • @RoadSKOL
    @RoadSKOL Рік тому +5

    Is there a place to see a history of the monthly interest earned on an ibond on the treasury direct website? I can see the cumulative interest earned but it would be nice to see the monthly interest earned amount?

    • @KMPinVT
      @KMPinVT Рік тому +1

      This is the same thing I am trying to find, and I cant find that info, HELP!

    • @jstins
      @jstins Рік тому +1

      I had to go through the painful process of calling support for an unrelated issue. While I had them on the line I asked this question and the gentleman’s reply was “ I don’t think so”. He tried looking around for a short while and said “ I don’t see that”.

    • @RoadSKOL
      @RoadSKOL Рік тому

      @@jstins I thought that might be the case. Thanks for confirming.

  • @Jp421JP
    @Jp421JP Рік тому +1

    Any one else feel like they are tip toeing through a delicate glass forest when logging into Treasury direct? Feels like one wrong move and the whole thing will come crashing down.

  • @alvarezz09
    @alvarezz09 Рік тому

    how do you tell when you ibond was paid to you? how do you know when your next payment is?

  • @JiveTurkeyAndMe
    @JiveTurkeyAndMe Рік тому

    awesome videos!! question, once you want to redeem your non-paper iBond.. does TD just transfer to your checking?

  • @k.6160
    @k.6160 Рік тому +1

    It's the craziest website 🙄. I Bond rates going down in May, correct?

  • @duane2243
    @duane2243 Рік тому

    Thanks for the information !

  • @christopherzorthian8182
    @christopherzorthian8182 Місяць тому

    Is their a way to find my “fixed rate “ on my i bonds. I’ve been purchasing them at different times and i haven’t been able to determine witch bonds are at 0% fixed rate and the ones that have a 1.3% fixed rate? I used treasury direct.

  • @991Diver
    @991Diver Рік тому

    Happy New Year. Kinda off the subject. I notice my Treasury Direct C of I balance is higher than what I think it should be. For example, although I purchased T-Bills from C of I the balance level has not gone down after T-Bills have been issued. Wondering why?

  • @jeffknecht2733
    @jeffknecht2733 Рік тому

    Hi Jennifer
    What are your thoughts on the debt ceiling crisis and does that affect your purchasing of Treasury Bills or bonds in general?
    Would limiting purchases to 3 month bonds until this "crisis" comes to a head, possibly by mid year, be prudent. Or, just stay the course?

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      This was just published: ua-cam.com/video/vMJDAv2jNso/v-deo.html

  • @rodneyrchicago
    @rodneyrchicago Рік тому +1

    When should we buy bonds for '23? Wouldn't compounding work better to buy in Jan vs. waiting? Thank you for the great content!

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      I'll have more videos on that later this month hopefully.

  • @carlathreadgill6030
    @carlathreadgill6030 Рік тому

    Can you do a tutorial on how to take your I Bond out at the one-year point if you want to with no penalties? I have 6 months so no rush, but I'm not sure at this point if I will need to withdraw. I understand if you do it at the end of 1 year there is no interest penalty. How exactly do you do that? On the one-year anniversary date or days prior based on government processing? Thanks and loving all your tips and guidance!

    • @peterl.104
      @peterl.104 Рік тому +2

      You only avoid the penalty if you hold I bonds for 5 years. The one year mark is when you can first cash them in with the 3-month penalty.

  • @hawajop
    @hawajop Рік тому

    What about the interest on the I bonds in your gift box? Where is it displayed? For you as an example, where is the interest from the 20k you have in your gift box?

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому +1

      This video that just went live should provide more clarity: ua-cam.com/video/hKrH_wWdSuM/v-deo.html

  • @theofficialjordan6366
    @theofficialjordan6366 Рік тому

    About how long does it take for the interest to show in the “current value”?? Thanks for this!

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому +1

      This video should provide more clarity: ua-cam.com/video/9hfHoSijJEk/v-deo.html

  • @Quincyq15
    @Quincyq15 Рік тому

    That’s funny I can find that but not the yield on my treasury notes on vanguard. Can’t find that number anywhere.

  • @user-si2jm5ff8j
    @user-si2jm5ff8j 11 місяців тому

    Some sites say it is best to redeem "after the first day of the month." It is best for me to redeem in Oct,. 2023, so can't I get all interest through Sept. 30 2023 if I redeem today, which is Oct. 1 2023? "After the first day..." could be interpreted to mean waiting until Oct. 2, 2023. Did my current value update from yesterday allowing me to redeem soonest, which is today?

  • @jstins
    @jstins Рік тому +7

    How come all the I-bonds I bought between 12/01/21 & 01/01/22 are showing 6.48% and yours shows the 9.62% still?

    • @carlmccarty6470
      @carlmccarty6470 Рік тому +1

      The rate when you buy the bond is good for 6 months. After 6 months, you will receive the current rate.

    • @jstins
      @jstins Рік тому

      @@carlmccarty6470 True. She obviously screen grabbed her 02/01/22 issue at 9.62% a while ago.

    • @gpags0205
      @gpags0205 Рік тому

      If she bought the Ibond b/4 Nov 1 22 it would still show the 9.62 rate. So she could've got 10/31 and it'll pay her 9.62 for 6 mos, before moving on to the 6.48 rate 🙂

    • @SuperGari2
      @SuperGari2 Рік тому

      @@gpags0205 can i go keep buying ibond after six months?

    • @gpags0205
      @gpags0205 Рік тому

      @@SuperGari2 you can buy $10k per calendar year. So for 2023 you can buy up to 10k then you gotta wait till next year unless you want to buy gifts, but that's another story🙃

  • @OOcean0228
    @OOcean0228 Рік тому

    quick question if I brought Gift but have not distributed it yet, will it accumulate interest in my gift box as well? Thanks

  • @BeckerGOP
    @BeckerGOP Рік тому +1

    What happens if the I-Bond owner dies within the first year? Can the beneficiary redeem it early?

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      Not sure about this - perhaps someone in the community might be able to shed some light on it.

  • @jeffknecht2733
    @jeffknecht2733 Рік тому +1

    Hi Jennifer
    Thanks for the refresher course. It's probably a good idea to go into the account and keep familiarized.
    Thanks again for your expertise.
    I'm quite sure that my next purchase will be T Bills, which are paying in the 4.77 for 3,6,9 month bills. They are close to overtaking CD's and no state tax.
    Can you have a class on them? They are a little confusing to me.

    • @cceerr11
      @cceerr11 Рік тому

      Here is her video on T-Bills
      ua-cam.com/video/rFuiC-UNeMc/v-deo.html

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      I thought someone posted a comment with the T-Bill video but I can't seem to find it anymore - here's our T-Bill must-knows video in any case: ua-cam.com/video/jIBn3VFkDw8/v-deo.html

  • @asdlfk3
    @asdlfk3 Рік тому

    Any idea why Treasury Direct won’t provide the ability to download a statement showing all of your current holdings? Something in Adobe pdf format or even a CSV. Seems the only thing you can do is take screen prints to try and prove you have holdings if something were to go awry with their system/website.

  • @chadsmith1200
    @chadsmith1200 Рік тому

    Hi. I bought a $10,000 iBond in June 2022 at a 9% interest but I checked today, 1-18.2023 and it only shows that I have gotten $320 interest. Shouldn't I have gotten $900? Is that what you mean by them holding the rest because it's a new ibond? When will the see the $580? Thanks for your informative videos.

  • @shermanmiller3203
    @shermanmiller3203 Рік тому

    This is so confusing I’m just going to wait for the five years and see what I have, if I’d known it was going to be like this I wouldn’t have got them

  • @michaelminauro4180
    @michaelminauro4180 Рік тому

    I also think that we cannot lose after 15 months. It sure Beach trying to time the market

  • @sandiegosunshine8006
    @sandiegosunshine8006 Рік тому +2

    How timely! I was just checking interest yesterday. However I can only see the interest for the 10K for myself and not the extra I bought as gift for my husband, is this normal? Does it only show up when we deliver the gift? Thank you in advance.

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      It's in the gift box - this latest video walks through it in greater detail: ua-cam.com/video/hKrH_wWdSuM/v-deo.html

  • @diablostorm
    @diablostorm Рік тому

    This doesn't tell me anything about year to year interest earned (dollar amounts)

  • @leskfan1277
    @leskfan1277 Рік тому +1

    I would appreciate a video showing how to redeem the I-Bond from the website. Thanks.

  • @ronie1337
    @ronie1337 Рік тому +1

    Hi, what impact will the Thursday January 12, 2023 CPI report have on I-Bonds new rates May 1?

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      We'll need to see what the numbers look like in the April release

  • @kerrybyers257
    @kerrybyers257 Рік тому +1

    QUESTION: I bought 5K of I bonds w tax refund last year. They arrived in paper bill form about 8 wks later.
    The denominations were ridiculous! $25s mostly! Can you please do a vid on how to transfer this paper pile to my Treasury Direct account? Thanks!

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      I don't have any paper bonds unfortunately - if we get back some with our tax refund, I'll do that video.

  • @stephna9978
    @stephna9978 Рік тому +1

    Thanks for the video. How long do you have to wait to see the interest of your ibond?

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      This video explains how I-Bond interest works in detail: ua-cam.com/video/9hfHoSijJEk/v-deo.html

  • @SuperGari2
    @SuperGari2 Рік тому

    I'm bit confused, if i want to continuing after six months, can i click series i savings bond again for 6.48%? or do i have to pay another 10,000?

  • @pinkstardiamond
    @pinkstardiamond Рік тому +1

    I wonder if iBond is compounding interest or not.

    • @MaxGrey03
      @MaxGrey03 Рік тому +2

      Jennifer has a video on how the interest is calculated from last year. You can watch that for all the details. Short answer is, interest is added monthly, but only compounds every 6 months.

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      Here's the video Max is referring to: ua-cam.com/video/9hfHoSijJEk/v-deo.html

  • @tias4091
    @tias4091 Рік тому

    Thank you as always!!!!
    After 6 months, will my Ibond balance automatically receive the next current interest rate? And will that balance include my total or because of the pre calculated penalty, will my eligible interest only be 3 months worth?
    Ex: I purchased $10K at 9.6%. Will my balance of $10,960 carry over and receive further earnings of the new rate? or will only $10,480 be eligible for the new rate?

    • @thinkbigandlaughalittle
      @thinkbigandlaughalittle Рік тому +1

      The 9.6% is for the year but the I bond only has this interest for 1/2 the year so its really that 480.00 extra as you stated above.

  • @jeffknecht2733
    @jeffknecht2733 Рік тому

    Where can the beneficiary info be located and possibly edited for ibond purchases I made?

    • @phineas737
      @phineas737 Рік тому

      She explains it in this video:
      ua-cam.com/video/510Y0D5hoVo/v-deo.html

  • @DavidD-fj3vq
    @DavidD-fj3vq Рік тому

    What is the current interest rate for ibonds if I purchase this today

  • @cookiesdaddy
    @cookiesdaddy Рік тому

    Great video as usual! I do have a Treasry Direct related question….I am aware that form 1099 for tax purposes is only available online. Under the manage direct tab for taxes I am only seeing a list of each of my individual securities for the year that have paid interest. As it is still very early in January, will treasury direct create a 1099, which covers all interest earned from all securities? (A 1099 for each security would be cumbersome!) Thank you so much and again, I love your videos.

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому +1

      Thanks. I'm not sure about this actually given that we're getting our first 1099 from TD this month as well. Perhaps some of the more experienced TD folks might be able to answer this question.

  • @SillyLilWabbit
    @SillyLilWabbit Рік тому

    Can anyone tell me when is the last day I can buy 2023 I-Bonds in January to be able to qualify for January 2023 interest payment ? I tried looking for Diamond's last video (or most recent video), but it doesn't come up. Thanks

    • @stephna9978
      @stephna9978 Рік тому +1

      January 30. The purchased ibond will show up on your account on January 31. However, I would purchase the ibond earlier just in case

    • @SillyLilWabbit
      @SillyLilWabbit Рік тому +1

      @@stephna9978 thanks for the info!!!!!

  • @reddragon3518
    @reddragon3518 Рік тому

    Diamond, when I decide to cash in my I Bond, can I cash in only the principal leaving the interest (similar to a Roth IRA when I can always withdraw what I put in). Ty

    • @justand928
      @justand928 Рік тому +1

      Yesterday I redeemed my IBond I purchased in 2021. It did give me the option to redeem either all or partial amount. You can put the exact amount you want to redeem. Hope this helps

    • @reddragon3518
      @reddragon3518 Рік тому

      @@justand928 thank you ! I wonder if it’s prorated principle/interest or just principle.

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому +1

      It's prorated - you can't just redeem the principal

  • @michaelminauro4180
    @michaelminauro4180 Рік тому

    So what you are saying before we see a positive interest rate it will take 4 months

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому +1

      This video explains how I-Bond interest works in detail: ua-cam.com/video/9hfHoSijJEk/v-deo.html

  • @akzoc
    @akzoc Рік тому

    Jennifer.
    I want to gift an IBond to the recipient, but it is now worth $10,080, not worth $10,000. Can I gift the $10,080, or only the yearly $10,000 limit. Thx.
    I wondered about this, and I have a friend who is wondering about it. Odd that Treasury Direct doesn't seem to answer this question.

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      This video just went live - should provide more clarity: ua-cam.com/video/hKrH_wWdSuM/v-deo.html

  • @bruceharvey8534
    @bruceharvey8534 Рік тому

    How you name a beneficiary on your I bond?

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      Here's the video: ua-cam.com/video/510Y0D5hoVo/v-deo.html

  • @dorota486
    @dorota486 Рік тому

    i still don't see any interest earned, invested in 10/14/22, shows 0 interest

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      You shouldn't see any interest if that's when you bought your I-Bonds. Here's the video on how I-Bond interest works: ua-cam.com/video/9hfHoSijJEk/v-deo.html

  • @oscarmorales464
    @oscarmorales464 Рік тому

    I have a question I bought 6 months Treasury bonds and are about to finish the 6 months can I roll them over to a lesser time like 8 or 17 weeks ?

    • @lesliephillips2985
      @lesliephillips2985 Рік тому

      I’m not 100% sure. My understanding if your doing it through TD, you can only reinvest for same term. I parked my money in their c of I security that earns no interest then waited till the term I wanted to reinvest in. The account is used as a source of funds like your bank. I am not a financial advisor but that’s how I changed terms.

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      Thanks for sharing Leslie. As Leslie said, auto-roll/ reinvestment typically only works for the same term. You'd have to wait until your 6-month matures & use those proceeds to buy a T-Bill with a different term.

  • @Happy_Harry
    @Happy_Harry Рік тому

    Do they update the current valve amount on a monthly basis? Or is it quarterly.

    • @MaxGrey03
      @MaxGrey03 Рік тому

      Monthly on the first business day of the month.

  • @jagsterr1
    @jagsterr1 Рік тому

    Is that 9% over five years, or 9% per year?

    • @DiamondNestEgg
      @DiamondNestEgg  Рік тому

      Neither. This video explains how I-Bond interest works: ua-cam.com/video/9hfHoSijJEk/v-deo.html

  • @briaf3370
    @briaf3370 Рік тому

    Leave it to the gov't to complicate something that should be a no brainer. No wonder people can't stand them

  • @lindabergen3659
    @lindabergen3659 Рік тому

    Can you please tell me, when do I first see the interest I've earned on my i-bond?
    I thought the interest was compounded monthly!
    How many months before it shows me how much interest I have made on my I bond?