AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Beating inflation just got easier.(up front: News / Trends / Advice)

Consumer Reports

| February 01, 2006 | COPYRIGHT 2006 Consumers Union of the United States, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

With inflation taking bigger bites out of investment returns in recent months,more people are snapping up Series I savings bonds, yielding a tempting 6.73 percent.

In early December, that rate was well above those of other cash safe-havens, including money-market accounts and certificates of deposit. What makes these government-backed bonds so attractive is that part of their yield is bumped up or down twice a year (Nov. 1 and May 1) in line with the Consumer Price Index, the government's key inflation indicator. The other part of the yield is now fixed at 1 percent, which ensures a minimum income even if inflation evaporates down the road.

I Bonds are exempt from state and local income taxes, and you can defer federal income taxes until redemption. So they're great if you've maxed out your 401(k) contributions and still want to defer taxes, says Jason Papier, a principal at PW Johnson Wealth Management, a fee-only financial planning ...

Related articles from newspapers, magazines, journals, and more
BNY Mellon Wealth Management Launches New Municipal Bond Strategy.
Newspaper article from: Life Science Weekly November 11, 2008 700+ words
...BNY Mellon Wealth Management has launched...municipal bond strategy...municipal bonds and will...BNY Mellon Wealth Management). "The...high-yield bonds, in contrast...BNY Mellon Wealth Management's core municipal bond strategy...
Investments.(Abbey Wealth Management issues new bonds)
Magazine article from: Financial Adviser May 24, 2007 700+ words
BOND ABBEY WEALTH MANAGEMENT Type: A series of new fixed-rate bonds. Description...details. JJJJJ Bond Abbey Wealth Management Type: Capital...Japanese Equity Bond. Description...linked equity bonds that have flooded...
Bonds could bomb. (News Round-up).(Close Wealth Management)(Brief Article)
Magazine article from: What Investment October 1, 2002 700+ words
...they are buying bond funds at the...according to Close Wealth Management. The portfolio...rates rise, bond prices will fall...choose the right bonds. The number...speculative grade bonds is currently...cent. "The bond market has really...executive of Close Wealth ...
Wealth Management: First Republic Taps Afs For Hnw Bonds: The private bank,...
Magazine article from: Bank Technology News Krebsbach, Karen July 1, 2004 700+ words
...trusts, collateralized bond obligations and collateralized...own structured-finance bonds to sell to other HNW clients...touch" service. The bonds, typically offering a...default on an asset-backed bond," he says. "It's...high-yield, or junk, bonds at its Minneapolis-based...
Wealth Management: First Republic Taps Afs For Hnw Bonds: The private bank,...
News wire article from: Banking Wire Krebsbach, Karen July 9, 2004 700+ words
...trusts, collateralized bond obligations and collateralized...own structured-finance bonds to sell to other HNW clients...touch" service. The bonds, typically offering a...default on an asset-backed bond," he says. "It's...high-yield, or junk, bonds at its Minneapolis-based...
Deutsche Banks Private Wealth Management Has Enjoyed the Dominant Position in...
News wire article from: M2 Presswire May 19, 2009 700+ words
...research from 20 wealth management companies highlights...direct investment in bonds - Discusses the changing wealth management competitor landscape...substantially into bonds - The fight at...Deutsche Bank Private Wealth Management has suffered in...
iPro One Modernizes Model for Wealth Management Practices of CPA Firms.
Press release article from: PR Newswire May 5, 2008 700+ words
...the wholly-owned wealth management and investment advisory...the CPA firm and its wealth management practice in five core...model strengthens the bond between the CPA firm...of resources to the wealth management practice; and * Using...
Jefferies Hires New Head of Wealth Management Group.
Press release article from: Business Wire April 14, 2009 700+ words
...and Head of the Firm's Wealth Management Group. Mr. Peters, who...of experience in private wealth management. "We see a terrific opportunity...Director and Head of US Private Wealth Management at Deutsche Bank. Previously...securities, including corporate bonds, high yield ...
Epic Wealth Management Appoints New Chairman.
Press release article from: Business Wire April 27, 2007 700+ words
...the board of Epic Wealth Management (EWM) and Alan G...Tamalpais Bank and Epic Wealth Management . These forward...in the equity and bond markets which can...profitability of our wealth management business and; (7...
Deutsche Bank Private Wealth Management to Add Four Senior Hires.
Magazine article from: Women's Health Weekly July 2, 2009 700+ words
...more than 20 years of wealth management experience, most recently...significant institutional and wealth management experience and has...client and high yield bond trading groups. Shaw...for our US Private Wealth Management business," said Thomas...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA