mysteryAgain said: Any projections as to what the rate going to be for the next 6 month? As you can see average for September is positive 0.22%, although last year it was -0.16%. for last five months we are at 1.14%, so I expect overall inflation for 6 months to be around 1% (+/-), if fixed part is zero, that will give us 2% (+/-) rate for next 6 month.

MoneyOCD said: mysteryAgain said: Any projections as to what the rate going to be for the next 6 month? As you can see average for September is positive 0.22%, although last year it was -0.16%. for last five months we are at 1.14%, so I expect overall inflation for 6 months to be around 1% (+/-), if fixed part is zero, that will give us 2% (+/-) rate for next 6 month.

So, we buy before Nov 1 to get the ~2% interest rate for the next 6 months?

It is maybe not sure about this month until the numbers come out for this month. so if it is .2 then it is 1.36 then times 2 we might get a yield of 2.7%?

So, we buy before Nov 1 to get the ~2% interest rate for the next 6 months? If you buy before Nov 1, you will have 0.26% for first 6 month (including fixed 0.1% for life of the bond) and then ~2% for next six months, still keeping additional 0.1% fixed. If you buy Nov 1 and after - you will get ~2% (and unknown fixed rate most likely 0%) for the first 6 months and then unknown % for the next 6 months.

MoneyOCD said: So, we buy before Nov 1 to get the ~2% interest rate for the next 6 months? If you buy before Nov 1, you will have 0.26% for first 6 month (including fixed 0.1% for life of the bond) and then ~2% for next six months, still keeping additional 0.1% fixed. If you buy Nov 1 and after - you will get ~2% (and unknown fixed rate most likely 0%) for the first 6 months and then unknown % for the next 6 months. Why do you predict the fixed rate to be "most likely 0%"?

phisher4 said: MoneyOCD said: So, we buy before Nov 1 to get the ~2% interest rate for the next 6 months? If you buy before Nov 1, you will have 0.26% for first 6 month (including fixed 0.1% for life of the bond) and then ~2% for next six months, still keeping additional 0.1% fixed. If you buy Nov 1 and after - you will get ~2% (and unknown fixed rate most likely 0%) for the first 6 months and then unknown % for the next 6 months. Why do you predict the fixed rate to be "most likely 0%"? No need to give a fixed rate when the variable rate is already competitive or in the case of the 6 months to come pretty good. Should be over 2 percent.

We have all needed data to calculate that for 2017: -- IRA contribution limit and catch-up amount will stay the same as $5,500 and $1,000, -- 401k contribution limit and catch-up also stay the same at $18,000 and $6,000 -- HCE limit will stay at $120,000

One more note if anyone interested - played with crystal ball a little for 2018 predictions:

--VERY high chance (practically sure) that 401k limit will be $18,500 for 2018, catch-up will stay at $6,000 --slight chance that IRA limit will go to $6,000, catch up will stay the same at $1,000 --reasonable chance - HCE limit will go to $125,000

Last October I-Bond Composite Rate was 1.64% which included a Fixed Rate of 0.10%. Meaning that the last year's i-bonds will potentially enjoy 2.86% for the next 6 months.

When is the fixed rate going to be announced for Oct 2016 - Apr 2017? If it's not more than 0.1% then I'll buy my year's share within the next 10 days.

mysteryAgain said: Last October I-Bond Composite Rate was 1.64% which included a Fixed Rate of 0.10%. Meaning that the last year's i-bonds will potentially enjoy 2.86% for the next 6 months. If you buy now before Nov 1 , you will enjoy 2.86% also for second 6 months period (first 6 months will be 0.26%)

arsenalfan said: I read somewhere that the rate is confirmed a few days before Nov 1. No truth to that? Today the floating inflation rate was confirmed. You always have to wait until Nov 1 or May 1 to find out the fixed rate.

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