Quote:
Originally Posted by retiredguy123
You can buy low interest rate bonds at a discount. For example, buy a bond that is paying 1 percent or less, and will mature in about 5 years. You will get a price that is significantly lower than the face value of the bond. Then, when the bond matures, you collect the face value and you will owe a capital gains tax that will probably be lower than your ordinary tax rate. You will need to pay interest annually on the 1 percent, but you will delay most of the taxes that you will eventually owe.
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Thank you. This is the type of suggestion I was looking for. I will look into it.