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Fortune
Fortune
Matt Becker, CFP®

What are Series I bonds (and why was everyone so crazy about them in 2022)?

Photo of several Series I Bonds laid flat on a table and fanned out slightly from each other. (Credit: Photo illustration by Fortune; Original photo by Getty Images)

If you’re looking for a safe investment that pays a higher interest rate than savings accounts or CDs and protects you from rising inflation, Series I bonds could be just what you need. 

These products have garnered a lot of attention recently, given rising inflation, and for good reason. Used correctly, they can be a powerful piece of your savings plan.

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