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Glenda Moehlenpah, CPA, CFP®
Financial Bridges
13319 Poway Road, #506
Poway, CA 92064
Phone: 858-486-0100
Email: glenda@financialbridges.com
Website: www.FinancialBridges.com
Tips, an acronym for Treasury Inflation- Protected Securities, are fixed income investments designed to provide a hedge against the eroding effects of inflation. Issued by the U.S. Treasury and backed by the full faith of our federal government, TIPS are available directly at https://www.treasurydirect.gov. You can also find them in some mutual funds.
You can buy TIPS directly for as little as $100 for terms of five, 10, and 30 years. Interest and increases in the principal are subject to federal tax but exempt from state and most local income taxes.
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