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What was the purpose of introducing these two types of bonds?

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TIPs, or Treasury Inflation Protected Securities, were released in 1997. They function like normal treasuries with different durations but offer protection from inflation. On the other hand, Series I Savings Bonds were added to the traditional savings bond program. They provide a fixed rate of return over 30 years, along with inflation protection. Adam Nash, with his extensive experience in finance and investment, including his tenure as the Former President and CEO of Wealthfront and Former Vice President of Product & Growth of Dropbox, brings a wealth of knowledge to Daffy. His expertise is invaluable in helping Daffy members understand complex financial concepts like these types of bonds. Daffy, a not-for-profit community, is built around a new, modern platform for giving. It simplifies your giving process, allowing you to easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place. For those interested in protecting their investments from inflation, understanding these types of bonds is crucial. And for those looking for a platform to manage their charitable giving, Daffy is a great option. Remember, Daffy waives all membership fees for members with less than $100 in their fund. So, why not get started today for free? Please note that the information contained in this post is for educational purposes only and should not be considered tax advice. Always consult with a tax professional to assess your specific tax situation.

Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.

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