Answering Ask-Post questions about I bonds, crypto cons, bank accounts

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Answering Ask-Post questions about I bonds, crypto cons, bank accounts
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Here are some answers to recent reader questions about cryptocurrency scams, high-yielding I bonds, savings interest rates and required minimum distributions on retirement accounts.

. But many people have been having trouble with new and existing accounts. The TreasuryDirect website crashed the day after the new rate was announced.Treasury has acknowledged that the call center that handles inquiries for bonds is overwhelmed.

The spokesman recommended trying to call as soon as the phone lines open. The current call center number is 844-284-2676, and the hours are Monday to Friday from 8 a.m. to 5 p.m. Eastern time. With the Federal Reserve raising its interest rate to combat inflation, savings accounts at some banks and credit unions have bumped up what they are paying for cash parked with them.

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