In order to buy I bonds, there are a few different methods that you can use. I bonds are going to allow you to be protected against inflation in the economy. Here are the basics of how to buy I bonds successfully.

Online

The most convenient way to purchase I bonds is online. You can buy them directly from the United States Treasury website. In order to do this, you are going to have to open an online account with the Treasury Department. You should be able to do this within a few minutes. They are going to ask you for basic information about yourself, including your Social Security number, name, address and telephone number. Once you open the account, you can fund it. You will have to have your account funded before you can purchase any bonds. 

Once your account is funded, you can begin ordering bonds from the Treasury Department. When you buy them online, you are going to pay face value for the bonds. You can purchase them in any amount above $25. You are also subject to a $5000 maximum purchase for each calendar year. The bonds will be sent electronically to your Treasury account. You will actually receive paper bonds, but they will be kept electronically in your account. When you want to redeem them, it will be done electronically, and the money will be sent to your account.

At a Bank

Another way that you can buy them is to go to any bank. At a bank, you are going to be able to purchase paper I bonds. This is sometimes preferred by those individuals that do not like to work online. In order to purchase an I bond in this manner, you are going to need to get a form from the bank. They are going to require you to fill out the form with all of your personal information just as you would if you bought them online. You will then give the bank the amount of money that you want to invest, and they will send off the form for you. The bonds will then be mailed to you directly with your name and information on the bond itself. 

Online through the Bank

If you want to work with a bank but you do not want to fill out a form, you can also apply online through your bank. This process is very similar to applying online yourself. The only difference is that you are going to be going through the bank to purchase the bonds. You are going to give the money that you want to invest to the bank, and the bank is going to fill out the appropriate information for you online. The bonds will then be sent to you in paper form with your information on them for you to hang on to. 

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