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  #4  
Old 07-14-2006, 07:22 PM
BreadWithSpam@fractious.net
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Default Re: i-bonds in a ROTH?

"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
> > 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.


My error. You are quite right. You just have to find an
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.

--
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  #3  
Old 07-14-2006, 06:55 PM
Charlie K
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Default Re: i-bonds in a ROTH?


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.

  #2  
Old 07-12-2006, 08:07 PM
Rich Carreiro
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Default Re: i-bonds in a ROTH?

"jIM" <noreplysoccer[at]hotmail.com> writes:

- quote -

> g_chime[at]yahoo.com wrote:
> > 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


Someone (either you or the original poster -- I don't know which)
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

  #1  
Old 07-12-2006, 07:42 PM
BreadWithSpam@fractious.net
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Default Re: i-bonds in a ROTH?

"jIM" <noreplysoccer[at]hotmail.com> writes:
- quote -

> g_chime[at]yahoo.com wrote:
> > 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).


Just to clarify. You can buy TIPS in an IRA, just like you can
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

 
Old 07-12-2006, 06:47 PM
jIM
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Posts: n/a
Default Re: i-bonds in a ROTH?


g_chime[at]yahoo.com wrote:
- quote -

> 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

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.

  #-1  
Old 07-12-2006, 04:37 PM
g_chime@yahoo.com
Guest
 
Posts: n/a
Default i-bonds in a ROTH?

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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