SIE practice questionmediumAccount Types – TIPS and Government Securities
A client wants to buy Treasury Inflation-Protected Securities (TIPS). In which account type can these be held?
- AAny brokerage account✓ Correct answer
- BOnly in retirement accounts
- COnly in custodial accounts
- DOnly in joint accounts
Explanation
Why A — Any brokerage account
TIPS may be held in any brokerage account: individual, joint, custodial, margin, or retirement. There’s no mandatory account restriction for TIPS.
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