Comments on: Bye Bye Bonds, Hello Roth IRAs. https://eliteedgemoney.com/bye-bye-bonds-hello-roth-iras/ Money | Minimalism | Mohawks Sat, 17 Jun 2017 20:50:42 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: J. Money https://eliteedgemoney.com/bye-bye-bonds-hello-roth-iras/#comment-251659 Sun, 26 Mar 2017 19:36:53 +0000 https://staging.eliteedgemoney.com/2009/07/bye-bye-bonds-hello-roth-iras/#comment-251659 In reply to Jay.

Yep! Had to google to confirm as it’s been a while since thinking about all this (you found a post 9 years old! haha…) but you’re right:

Per https://www.treasurydirect.gov/indiv/research/indepth/ebonds/res_e_bonds_eetaxconsider.htm:

The interest that your savings bonds earn is subject to:

1) federal income tax, but not to state or local income tax.
2) any federal estate, gift, and excise taxes as well as any state estate or inheritance taxes.

]]> By: Jay https://eliteedgemoney.com/bye-bye-bonds-hello-roth-iras/#comment-251128 Wed, 08 Mar 2017 21:31:43 +0000 https://staging.eliteedgemoney.com/2009/07/bye-bye-bonds-hello-roth-iras/#comment-251128 You owe tax on all of the interest, FYI.

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