,,,,That's the Article Title from today's digital WSJ.
Snippets include: New (guesstimated) Payment rate of 6.4% annualized effective November 1., per today's article.
Purchases made through October 31 get the old 9.62% annualized rate established May 1 2022.
Basics: $10 K yearly purchase Max per person ( with funky exceptions/additions)
Can't withdraw your purchases for a year(exceptions?)
3 month interest penalty if your purchases withdrawn 1-5 years.
Interest earned State income tax free.
Divide annualized rate by 2 to get 6 Month interest payment
Usual government R and R's.
May be of interest to some.
Homework time required via the treasurydirect.gov website
,,,,cheers
Snippets include: New (guesstimated) Payment rate of 6.4% annualized effective November 1., per today's article.
Purchases made through October 31 get the old 9.62% annualized rate established May 1 2022.
Basics: $10 K yearly purchase Max per person ( with funky exceptions/additions)
Can't withdraw your purchases for a year(exceptions?)
3 month interest penalty if your purchases withdrawn 1-5 years.
Interest earned State income tax free.
Divide annualized rate by 2 to get 6 Month interest payment
Usual government R and R's.
May be of interest to some.
Homework time required via the treasurydirect.gov website
,,,,cheers
