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Msg  56893 of 57218  at  3/16/2023 7:16:45 PM  by

hendi_alex

The following message was updated on 3/16/2023 7:23:18 PM.

 In response to msg 56892 by  keebon
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Re: MYGA

 I think that the way I-Bond interest is calculated is strange. I read one prediction that said the next I-bond resets will be around 1.6% + the fixed component currently 0.4%.  The 1.6% was assuming inflation holding steady at the December and January level but February actually dropped a bit. So the 1.6% might be on the high side.  Here is a clip from The Money Ninja. 

“While we still need inflation data for February and March, if inflation remains at the same level as today, then using the formula from before, May 2023’s variable rate will be revised to 1.60%.”


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Msg # Subject Author Recs Date Posted
56894 Re: MYGA rlp2451 0 3/16/2023 10:26:29 PM




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