Comments on: Congress considers ending Savings Bond tax deferral http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/ Tue, 07 Sep 2010 19:26:18 +0000 http://wordpress.org/?v=2.0.4 by: Scott http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-66306 Fri, 16 Apr 2010 00:55:50 +0000 http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-66306 Douglas - AGREED!!!! Scott Douglas -

AGREED!!!!

Scott

]]> by: Douglas http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-65898 Tue, 13 Apr 2010 01:51:48 +0000 http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-65898 Scott: I am not a lawyer nor a tax accountant, so I don't know specifically what the legalese means. I do understand politics just enough to know that you have to look behind the covers a little to see all the repercussions of a given congressional bill. Let's hope that the bill is defeated and the exact meaning is moot. Douglas Scott:

I am not a lawyer nor a tax accountant, so I don't know specifically what the legalese means. I do understand politics just enough to know that you have to look behind the covers a little to see all the repercussions of a given congressional bill. Let's hope that the bill is defeated and the exact meaning is moot.

Douglas

]]> by: Scott http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-65409 Wed, 07 Apr 2010 01:06:19 +0000 http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-65409 Douglas - Good catch on the IRC Secion 454, but would this not be interpreted to only apply to EE bonds, as it refers to "deferral of tax on obligations issued at a discount"? Since I-bonds are not issued at a discount, it would seem this would not apply to them....? Douglas - Good catch on the IRC Secion 454, but would this not be interpreted to only apply to EE bonds, as it refers to "deferral of tax on obligations issued at a discount"? Since I-bonds are not issued at a discount, it would seem this would not apply to them….?

]]> by: Tom Adams http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-64410 Mon, 29 Mar 2010 16:01:05 +0000 http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-64410 Ted - Could you give us some actual examples of the kind of <i>higher-risk, but higher reward inflation-proof investments</i> you prefer? <a href="http://www.savings-bond-advisor.com/i-bonds-versus-the-stock-market/" rel="nofollow" rel="nofollow">Perhaps the stock market?</a> Tom Adams Ted - Could you give us some actual examples of the kind of higher-risk, but higher reward inflation-proof investments you prefer? Perhaps the stock market?

Tom Adams

]]> by: Robi Zocher http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-64306 Mon, 29 Mar 2010 04:06:31 +0000 http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-64306 Carolyn, while I rarely argue FOR a government run program being exceptional, I have to defend TreasuryDirect and the Savings Bond program. It isn’t perfect, but using TreasuryDirect is fairly seamless, and if you do need assistance, and you contact them via email, someone from TreasuryDirect will get back to you within a day’s time. Sending in bonds for conversion is very straightforward, and making automatic bond purchases online couldn’t be easier. The whole annual limit concept makes no sense (why not $10,00 online OR $5,000 paper and $5000 online OR $10,000 paper-buyer's choice) and the I Bond interest rate/ fixed rate computations get a bit tricky, but, really, for a very safe place to stash a portion of your portfolio, it really can’t be beat. Convert your bonds, it's easy, and then cash them in online. Carolyn, while I rarely argue FOR a government run program being exceptional, I have to defend TreasuryDirect and the Savings Bond program.

It isn’t perfect, but using TreasuryDirect is fairly seamless, and if you do need assistance, and you contact them via email, someone from TreasuryDirect will get back to you within a day’s time. Sending in bonds for conversion is very straightforward, and making automatic bond purchases online couldn’t be easier.

The whole annual limit concept makes no sense (why not $10,00 online OR $5,000 paper and $5000 online OR $10,000 paper-buyer's choice) and the I Bond interest rate/ fixed rate computations get a bit tricky, but, really, for a very safe place to stash a portion of your portfolio, it really can’t be beat.

Convert your bonds, it's easy, and then cash them in online.

]]> by: Ted Turner http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-64240 Sat, 27 Mar 2010 19:17:40 +0000 http://www.savings-bond-advisor.com/congress-to-consider-ending-savings-bond-tax-deferral/#comment-64240 What should a little tax change matter? Really, I promise to keep funding the government's runaway spending by buying I-bonds, even if they do take away the tax break. I'll buy them anyway, because the tax-favored status has had nothing to do with my decision to buy government bonds at a low coupon, instead of investing in higher-risk, but higher reward inflation-proof investments that don't enjoy tax-favored status. What should a little tax change matter? Really, I promise to keep funding the government's runaway spending by buying I-bonds, even if they do take away the tax break. I'll buy them anyway, because the tax-favored status has had nothing to do with my decision to buy government bonds at a low coupon, instead of investing in higher-risk, but higher reward inflation-proof investments that don't enjoy tax-favored status.

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