[ad_1] Inflation-protected Treasury securities, also known as TIPS, offer protection against inflation and are purchased through public auctions or approved brokers. The principal increases with the Consumer Price Index (CPI), but yields are lower. Interest is exempt from state and local taxes but subject to federal income tax. These securities mature in 5, 10, and […]
[ad_1] Inflation-protected Treasury notes (TIPs) protect investors from inflation and are sold through Treasury auctions or brokers. The principal increases with the consumer price index, but there is a trade-off for a lower yield. TIPs mature in 5, 10, or 20 years and are subject to federal income tax. Upon maturity, the principal is automatically […]
