TIPs and Series I Savings Bonds were introduced in the 1990s as a result of research into better managing inflation. TIPs, released in 1997, are similar to normal treasuries but with the added benefit of inflation protection. Series I Savings Bonds, on the other hand, offer not only a fixed rate of return over 30 years but also protection from inflation. These are the two most common types of inflation-protected bonds available on the market today.
Adam Nash, with his extensive experience in finance and investment, including his role as the Former President and CEO of Wealthfront and Former Vice President of Product & Growth of Dropbox, brings his expertise to Daffy, a not-for-profit community built around a new, modern platform for giving.
Daffy is a Donor Advised Fund (DAF) that simplifies your giving. With Daffy, you can easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place. Daffy waives all membership fees for members with less than $100 in their fund, making it an accessible and cost-effective option for those looking to manage their charitable giving.
So, whether you're an investor looking to protect your investments from inflation with TIPs and Series I Savings Bonds, or a philanthropist seeking a streamlined way to manage your donations, Daffy is a great option.
Remember, the information provided here is for educational purposes only. For specific tax advice, please consult with a tax professional.