You may find these links helpful:

• US Treasury Savings Bonds
• "How to handle $"

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Each purchase is its own bond. You can purchase up to $10k per year person.

So if I buy a bond for $25, I can't put more money into it. Got it.

Also since the rate of return moves with inflation, if the rate is 6.89% now and then the rate changes to 9% (hypothetically speaking) in May. My bond would receive an interest rate of 9% correct? Just want to make sure I understand how they work.

No, you buy one bond of X dollar value. If you want to add some you buy another bond.

Thank you for the help

It’ll stay for six months at the current rate, then the rate will change to the updated rate for six months.

If you buy today, you'll get the current rate for 6 months and then the next rate for 6 months.

The chance of the rate going up in May is infinitesimally small. Like, even rounded up it would be written as 0.00% small.

And there are no real returns with I bonds, they literally preserve buying power. You save enough to buy a Happy Meal today and you'll have enough to buy a Happy Meal in 20 years.

> And there are no real returns with I bonds, they literally preserve buying power. You save enough to buy a Happy Meal today and you'll have enough to buy a Happy Meal in 20 years.

Not entirely true. Series I Savings Bonds purchased during the current six-month period have a fixed rate of 0.4%, so in 20 years you'd have enough to buy about 1.08 happy meals.

Admittedly, it might be a challenge to find a place that sells fractional happy meals.

> find a place that sells fractional happy meals.

The three fries must go somewhere, right?