EE Bonds

The current interest rate for EE bonds is .3%.  The advantage to getting an EE Bond is that in the end you will earn more money but the problem is that you need to wait a long time to get your money back.  An I bond has a fluctuating interest rate, which can be both good and bad.  In the end if the interest rate is high for the I bond you can make much more money but if the interest rate is low you will not gain as much as an EE bond.  We would go with an EE bond because the fixed interest rate would make sure we get a certain amount of money while a fluctuating rate would not guarantee us anything.