TREASURY DIRECT
Moderator: Global Moderator
TREASURY DIRECT
Hello, due to Vanguard not having an ETF that approximates 30 year Treauries, is there a way to remove monies in an IRA and purchase Treasury Direct Treasury without incurring tax or penalty implications? I'm under 59 and 1/2. I don't think I can purchase Treasury Direct from or through my regular Vanguard IRA. I need to re-balance but I want to trade out of the Vanguard long term government bonds etf and into the correct etf perhaps creating another IRA account with a company that has a 30 year treasury ETF or Treasury DIrect if it's possible. Thanks everyone
Re: TREASURY DIRECT
As far as I know, Treasury Direct holdings are taxable, straight-up, and there isn't a way to hold them inside of a tax shelter.
I'd do the second IRA with another broker. Or make do with VGLT, or just buy Treasuries via Vanguard.
I'd do the second IRA with another broker. Or make do with VGLT, or just buy Treasuries via Vanguard.
Re: TREASURY DIRECT
Thanks....I found out I can do that....sell funds and put proceeds into a brokerage account....Then buy the Treasuries Direct.