Savings Bonds and IRAs
Monday, June 6th, 2005
Categorized as: Savings Bonds and competitive investments
Neil Downing at the Providence (RI) Journal has published the most extensive article I’ve ever seen on Savings Bonds and IRAs.
The article discusses the situations in which putting a Savings Bond in an IRA is theoretically possible, why it’s very difficult to find a financial institution willing to set this up for you, and why, in the end, putting a Savings Bond in an IRA is like wearing a belt and suspenders.
Great article!
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Loading...FDIC Insured Certificates of Deposit can pay 1 or 2% more than savings bonds when held for a similar length of time. See top CD Rates Below:
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Virtually every question about Savings Bonds has been asked and answered on this site multiple times. Use the search feature (see the box in the gray area near the top of this page) or the detailed menu on the lower part of the home page to find the information you're looking for.
Tom Adams