Michael Wagner Talks Treasury Bonds in Investor’s Business Daily

Omnia Family Wealth Chief Operating Officer and Co-Founder Michael Wagner recently commented on bonds in Investor’s Business Daily.

Investor’s Business Daily reported Treasury I bonds, also called Series I savings bonds, currently pay an interest rate of 9.62%. However, as of Nov. 1, the Treasury will change the rate, with many experts predicting the new rate will be around 6%.

The most you can invest in an I bond yearly is $10,000, but through various legal loopholes, a married couple may buy additional I bonds annually. One of those loopholes is through a living trust.

“In my world, people tend to have such trusts already for other purposes, such as estate planning, buying a home and asset protection,” Wagner said.

If you have a living trust set up, you can buy an additional bond annually. You can also purchase bonds through your children or business.

Read the full article here.

Are you interested in learning more? Check out Wagner’s recent Consider The Source video, where he expands on the topic of Treasuries and the reasons why they may be a good investment in the current financial environment.

As always, please do not hesitate to contact us with any questions. We are available via email or phone at (305) 602-9080.