HANS GOLDSTEIN
Independent Analysis · No Brokerage Affiliation

Treasury Reviews

Honest math on every U.S. Treasury product — T-Bills, T-Notes, T-Bonds, I-Bonds, TIPS. Real yield comparisons, state tax edge breakdowns, MYGA head-to-heads, TreasuryDirect vs brokered. Written for retirees who want truth, not sales pitches.

Hans Goldstein · Independent Licensed Producer (NPN 20602398)

I don't sell Treasuries — there's no commission on them. I review them because every MYGA, IUL, or annuity conversation starts with: "what about just buying Treasuries instead?" These pages answer that question with real math, not opinion.

Treasury Bills (Short-Term, Under 1 Year)

For cash you'll need within 12 months. State-tax-exempt yield, weekly auctions, FDIC-grade safety with no $250K cap.

Foundation

Treasury Bills Explained (2026)

Auctions, discount pricing, state-tax edge, how T-Bills actually work and when they win.

Head-to-Head

T-Bills vs CD (2026)

State-tax exemption flips the math — when CDs lose and when they don't.

Head-to-Head

T-Bills vs HYSA (2026)

After-tax yield comparison by state bracket. CA, NY, TX side-by-side.

Head-to-Head

T-Bills vs MYGA (2026)

Liquidity vs the 140-bp yield premium MYGAs typically carry.

Treasury Notes & Bonds (5–30 Year)

For locked yield, duration plays, and ladder construction. Where rate decisions actually matter.

Head-to-Head

5-Year Treasury vs 5-Year MYGA

140-bp yield gap math — when the MYGA premium is worth the carrier risk.

Head-to-Head

10-Year Treasury vs 10-Year MYGA

Long-duration decision: 140 bps over a decade compounds to real money.

Deep Dive

30-Year Treasury Bond Review

Duration, volatility, MYGA compare — the long-duration play examined.

Head-to-Head

Treasury vs Corporate Bonds

Credit spread vs state-tax exemption — where each wins after taxes.

Strategy

Treasury Bond Ladder Strategy

5-year and 10-year ladder construction, variations, and MYGA comparison.

I-Bonds (Inflation-Protected, $10K Cap)

The inflation tier of Treasury holdings. Capped, illiquid for first year, but tax-deferred and inflation-pegged.

Foundation

I-Bonds Review (2026)

Composite rate, $10K limit, real tax math — the full mechanics broken down.

3-Way

I-Bond vs CD vs TIPS

Three "safe" choices ranked honestly across inflation scenarios.

Head-to-Head

I-Bonds vs MYGA

Inflation linkage vs locked yield — when each tool fits which retiree.

Head-to-Head

I-Bonds vs TIPS

Two inflation tools, different designs. Mechanics, tax, when each wins.

Strategy

$10K Limit Workarounds

Trust, business, gift box, tax refund — how to stack $50K+ per year legally.

TIPS (Treasury Inflation-Protected Securities)

Marketable inflation-linked Treasuries. Auction-based, no cap, but with phantom-income tax issues most reviewers gloss over.

Foundation

TIPS Review (2026)

Real yield, CPI adjustment, phantom income — deconstructed honestly.

Head-to-Head

TIPS vs I-Bonds

Auction-based vs $10K-capped. Same goal, very different mechanics.

Head-to-Head

TIPS vs MYGA

Inflation pass-through vs locked yield — your inflation forecast decides it.

Platform & How-To

Where and how to actually buy. TreasuryDirect's quirks, the brokered-vs-direct trade-offs, the step-by-step.

Platform

TreasuryDirect.gov Review

The honest platform assessment — UX warts and all, plus the cases where it wins.

Head-to-Head

Brokered vs TreasuryDirect

Same yield, different user experience. Which platform actually fits which buyer.

How-To

How to Buy on TreasuryDirect

Step-by-step account setup and auction participation walkthrough.

Strategy, Tax & Safety

The pieces that move the math but rarely get covered. State tax edge, FDIC vs Treasury safety, retirement allocation.

Tax

State Tax on Treasury Interest

The 31 USC 3124 exemption explained — and what it actually saves CA / NY filers.

Safety

Treasury vs FDIC CD Safety

Same federal backing, different caps — the honest safety comparison.

Allocation

How Much in Retirement?

Allocation framework for Treasury exposure across the retirement income stack.

Treasuries aren't always the answer.

Sometimes a MYGA, fixed indexed annuity, or laddered combination beats them on after-tax yield. Free 20-min review — I'll show you the math both ways with no pitch.

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