UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: davekone Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 79085  
Subject: Re: I-bonds in an IRA Date: 8/27/2003 3:27 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
Why not buy the bonds direct? I qoute from treasury direct:

"You may already participate in a 401(k) or other similar thrift plan. It's wise to make use of these plans, designed primarily for retirement. These plans, however, usually have some heavy-duty restrictions or penalties if you pull your money out early. I Bonds can be used before retirement, if necessary, helping to protect your retirement investments. I Bonds can also supplement your other retirement savings.

There are a couple of ways you can use I Bonds to save for your retirement. One way is to start saving regularly today and defer paying taxes on the interest that your bonds earn. After retirement, you can cash bonds to supplement your retirement income and report the tax-deferred interest as income at that time (when you might be in a lower income tax bracket)."

No point in having them in your IRA.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2015!
Fistula Foundation: A World of Good!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Saul's Investing Discussions

Gilead Sciences CC Thoughts
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.