Business Services Industry
Tax planning for the use of TIPS at retirement.(Treasury inflation-protected securities)
Tax Adviser, The, November, 2007 by Toolson, Richard B.
EXECUTIVE SUMMARY
* TIPS are Treasury bonds adjusted daily based on the consumer price index.
* The income from newly issued TIPS may be accounted for under either the coupon bond method or the discount bond method.
* TIPS may be purchased directly from Treasury or on the secondary market from a broker.
**********
For some retirees, Treasury inflation-protected securities (TIPS), the principal of which rises or falls as the consumer price index increases or decreases, may be a valuable source of retirement income. This article discusses the mechanics of TIPS, how they are taxed, and whether they should be held in taxable or retirement accounts.
A retiree needs to have an income stream that is sufficient to meet...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express