- Contact Us
- Support
- Claim Profile
- (877) 775-7745
Follow us for Daily Financial News and Information
R-Bonds, are they right for you?
The Treasury Department has been working on the Retirement or R-Bonds program since 2009.
The program, which will roll out in January, is to encourage Americans who are not enrolled in a company-sponsored pension or retirement plan, to save for their retirement.
According to a recent report in Finacial Advisor Magazine, Deputy assistant secretary for retirement and health policy at the Treasury Department, Mark Iwry, said the R-Bonds “would have the tax characteristics of an IRA and be eligible to be rolled over into an IRA once the savings reach a now-unspecified threshold.”