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#4
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| "Charlie K" <Chas_K[at]excite.com> writes: - quote - > BreadWithSpam[at]fractious.net wrote:
[re: US Treasury Series I Savings Bonds - commonly called I-Bonds]- quote - > > And
My error. You are quite right. You just have to find an> > you cannot buy them in an IRA. > For the record, yes you can. See 31 CFR 360.6 which list the allowed > forms of ownership. But as was already mentioned. It's not a real good > idea as they are already tax defered. IRA Trustee who will purchase them for you FWIW, at a glance, my brokerage doesn't seem to offer the ability to buy them for my brokerage account IRA. It's possible that one's local bank will do it. As to whether it make sense or not, well, I don't think so, at least not generally, though I suppose there might be some exceptions. TIPS, actually, make a lot more sense in an IRA than they do in a taxable account (due to taxes otherwise owned on the inflation adjustment). But TIPS and I-Bonds are not the same thing, as we've discussed. -- Plain Bread alone for e-mail, thanks. The rest gets trashed. No HTML in E-Mail! -- http://www.expita.com/nomime.html Are you posting responses that are easy for others to follow? http://www.greenend.org.uk/rjk/2000/06/14/quoting |
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#3
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| BreadWithSpam[at]fractious.net wrote: And - quote - > you cannot buy them in an IRA. For the record, yes you can. See 31 CFR 360.6 which list the allowed forms of ownership. But as was already mentioned. It's not a real good idea as they are already tax defered. |
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#2
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| "jIM" <noreplysoccer[at]hotmail.com> writes: - quote - > g_chime[at]yahoo.com wrote:
Someone (either you or the original poster -- I don't know which)> > I have a question about i-bonds and ROTH IRA-s that none of my informed > > friends can answer: > > > Is it possible to buy and hold I-bonds in a ROTH IRA? > > > If yes, how do I open such an account? > > > Thanks. > You could buy mutual funds which invest in I-bonds in an IRA (and Roth > IRA). > An example of a fund like this is PRIPX is confused. I-Bonds are an inflation-protected version of good, old-fashioned, non-negotiable US Savings Bonds. TIPS are an inflation-protected version of negotiable, trading in the bond markets, treasury notes and bonds. -- Rich Carreiro rlcarr[at]animato.arlington.ma.us |
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#1
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| "jIM" <noreplysoccer[at]hotmail.com> writes: - quote - > g_chime[at]yahoo.com wrote:
Just to clarify. You can buy TIPS in an IRA, just like you can> > I have a question about i-bonds and ROTH IRA-s that none of my informed > > friends can answer: > > > Is it possible to buy and hold I-bonds in a ROTH IRA? > > > If yes, how do I open such an account? > > > Thanks. > You could buy mutual funds which invest in I-bonds in an IRA (and Roth > IRA). buy Treasury bills, notes and bonds. You can also buy a mutual fund which holds any or all of those in an IRA. http://www.savingsbonds.gov/indiv/products/products.htm I'm pretty sure you mean TIPS, not I-Bonds. If so, it'll make your life a lot easier (and the communication with the folks who can help you buy them much more clear) if you call them "TIPS". Separately: When folks talk about "I-bonds" generally, I, at least, assume they mean Series I US Savings bonds. The Treasury calls them "I Bonds" too. http://www.savingsbonds.gov/indiv/pr...nds_glance.htm There's no reason to buy these I bonds in an IRA. Series I savings bonds earnings are all tax-deferred until you cash them in anyway. They are *not* marketable securities. And you cannot buy them in an IRA. -- Plain Bread alone for e-mail, thanks. The rest gets trashed. No HTML in E-Mail! -- http://www.expita.com/nomime.html Are you posting responses that are easy for others to follow? http://www.greenend.org.uk/rjk/2000/06/14/quoting |
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| g_chime[at]yahoo.com wrote: - quote - > I have a question about i-bonds and ROTH IRA-s that none of my informed
You could buy mutual funds which invest in I-bonds in an IRA (and Roth> friends can answer: > Is it possible to buy and hold I-bonds in a ROTH IRA? > If yes, how do I open such an account? > Thanks. IRA). An example of a fund like this is PRIPX To open an account and learn more about this fund http://www.troweprice.com/common/ind...rn&rfpgid=7181 You could look at brokerages to buy I-bonds directly. Refer to other posters comments on this. |
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#-1
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| I have a question about i-bonds and ROTH IRA-s that none of my informed friends can answer: Is it possible to buy and hold I-bonds in a ROTH IRA? If yes, how do I open such an account? Thanks. |
| Tags |
| ibonds, roth |
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