savings bonds

I’m a day late with this info, but… The Treasury has announced the new Series I Savings Bond rates, effective May 1st, 2014. As a reminder, I-Bond rates are pegged to inflation estimates, though there is also a fixed component set by the Treasury. Rates are updated twice a year […]

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The big news this week was President Obama’s announcement of the forthcoming availability of so-called myRA retirement accounts. As we’ve discussed, the myRA is essentially a Roth IRA wrapped around a savings bond that will pay out at the same rate as the federal Thrift Savings Plan (TSP) G Fund. […]

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Obama's myRA Retirement Account Details

by Michael on Jan 29, 2014 · 2 comments

Details regarding President Obama’s proposed myRA retirement accounts have begun to dribble out. Here’s what we know about the program so far…

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What the Heck is a myRA?

by Michael on Jan 28, 2014

Here’s an interesting tidbit from President Obama’s State of the Union address: “[T]omorrow, I will direct the Treasury to create a new way for working Americans to start their own retirement savings: myRA. It’s a new savings bond that encourages folks to build a nest egg. myRA guarantees a decent […]

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Setting Financial Goals for 2014

by Michael on Jan 1, 2014

Welcome to 2014! I’m not sure about you, but we don’t have any major, life-changing resolutions for the year ahead. That said… We do have some financial goals for the next 12 months. What sort of goals? Since we don’t have any debt, we’re primarily focused on our investment accounts.

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Redeem Older I-Bonds to Buy New Ones?

by Michael on Nov 6, 2013 · 2 comments

As a quick followup to my I-Bond rate update, I just wanted to point out that the Treasury surprised everyone (or at least me) by increasing the fixed rate last week. That’s the good news. The bad news is that they only increased it from 0% to 0.20%. Regardless, you […]

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What is Tax-Equivalent Yield?

by Michael on May 28, 2013 · 3 comments

I’ve mentioned tax-equivalent yield in passing a couple of times. Today, I want to spend a few minutes expanding on the topic. In general terms, whenever you hold a tax-exempt investment in a taxable account, you’re earning more (after taxes) than you would with an equivalent, taxable investment. Said another […]

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Series I Savings Bond Rate - May 2013

by Michael on May 1, 2013

The BLS has just released the March 2013 inflation numbers which mean that we can now predict the May 2013 I-Bond rate. As a reminder, I-Bond rates are pegged (in part) to inflation estimates, though there is also a fixed component set by the Treasury. The inflation component is variable […]

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