I know the redemption would not count against the purchase limit, but if I redeemed to my Treasury Direct account…
Thanks bruh!
Many are so used to ZIRP they have difficulty with higher rates. This is why we hear every month the…
it came out at 5.195% or 4 basis points below the last week 4 week bill. I would call that…
Category Archives: Retirement
Medicare Part B’s monthly premium, deductible costs will surge 14.6% for 2022
The typical person on Medicare will pay at least $289 more in 2022, just for Part B coverage, and double that to $578 for a couple. IRMAA surcharges are also increasing 14.5%. By David Enna, Tipswatch.com Just a month after … Continue reading
Posted in Medicare, Retirement, Social Security
19 Comments
I Bond Manifesto: Why inflation-linked savings bonds can work as part of your emergency fund
Sept. 26, 2021 It’s no secret that I’m a huge fan of U.S. Series I Savings Bonds, a simple, very safe investment that can accurately track — or exceed — official U.S. inflation without risking a dime. I’ve been pounding … Continue reading
Posted in I Bond, Retirement
33 Comments
August inflation: What it means for Social Security COLA, I Bonds and TIPS
U.S. inflation increased 0.3% in August, under the consensus estimate. At this point, the Social Security COLA will increase 5.8% for payments in January, but one month of data remains. The I Bond’s new inflation-adjusted variable rate is on track … Continue reading
Posted in I Bond, Inflation, Investing in TIPS, Retirement, Social Security
3 Comments
July inflation: What it means for TIPS, I Bonds and Social Security COLA
All-items inflation for July came in at 0.5% and 5.4% for the year. The Social Security COLA is still on track for about a 6% increase. I Bonds could get a variable rate of 6% (or higher) for six months. … Continue reading
Posted in I Bond, Inflation, Investing in TIPS, Retirement, Social Security
7 Comments
Social Security COLA: An increase of 6% looks likely for 2022
(And here’s the esoteric and confusing way that is calculated) By David Enna, Tipswatch.com August 11, 2021 update: The July inflation report keeps the COLA on track for an increase of about 6% Inflation trends through June 2021 make it … Continue reading
Posted in Retirement, Social Security
8 Comments
Treasury Inflation-Protected Securities 
Yes, the purchase limit is not affected by an I Bond redemption. It remains $10,000 per person per year.