Should I be buying 10k (x2 for wifey) of iBonds a year? Is this something worth maxing out?

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It depends on the situation, but these days they are much less popular because TIPS have higher yields. The main reason to do I bonds is if you really like the duration features and tax deferral.

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Yeah, I’d say it’s niche.
I think use case is emergency savings (after 11 month lock in) that offers inflation protection, rate competitive with savings accounts, tax deferral, state tax exempt, possible tax exemption for college costs.

Unless you figure you want nearly all of those things, probably better options.

I have $20k at 1.1% fixed, I got last year, but probably not getting more.

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5% with guardrails retiring in mid-50s

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