Quote:
Originally Posted by raulus
Have to buy it direct from the US Treasury. They put a cap of $10k per year on you. If you withdraw after less than 5 years then you pay a penalty equal to your interest earned for the previous 3 months.
And the rate is nice now, but it will fluctuate based in inflation. So it could go down, depending on just how transitory inflation really ends up being.
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My amateur take on it was that it provides inflation protection over a period long enough that one probably doesn't need inflation protection.
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