I-bonds

[volinbham]

I am not a fan of the website logon with the separate account number and then another page to enter the password on the manual keyboard on the screen. Oh well, I will jump through some hoops for 7-9%.

Yeah the manual keyboard on the screen was like "WTF!"

 

[Firebirdparts]

Interesting - but they start earning interest and I assume the have staggered maturities?

My folks have a pretty decent chunk of cash in savings and I'm trying to find something that earns them some return but is safe. My dad is opposed to online banks so thinks like High Yield Savings at a place Marcus are out.

I also need to be careful with how long the money is locked up since they are quite old and may need to access it for medical or assisted living.

They start earning interest now. I don't see how maturity could be staggered. I figure, they have a 30 year maturity, so I don't care about that part. I don't know what happens to a gift box when a recipient dies, but I guess you better figure that out.