# STRIPs

**URL:** <https://discussion.fool.com/t/strips/72902>\
**Category:** Retirement Investing\
**Created:** [July 23, 2022, 7:41am UTC](https://discussion.fool.com/t/strips/72902 "2022-07-23T07:41:07Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![richinaz](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/richinaz/32/3307_2.png) [@richinaz](https://discussion.fool.com/u/richinaz)\
**Post date:** [July 23, 2022, 7:41am UTC](https://discussion.fool.com/t/strips/72902/1 "2022-07-23T07:41:07Z")

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I’ve heard older relatives mention zero-coupon bonds and I recently saw someone talk about STRIPs (Separate Trading of Registered Interest and Principal security). Googling, I’m still a bit confused. It seems like you can’t buy them directly. Is there some way to get interest rates on them?

They appear to be tax free (state and federal).

Like a lot of people nearing retirement age, I’m just considering and comparing a variety of ways to get an income stream to hold me over until collecting social security. There are the usual suspects such as selling off stocks, bonds/bond funds, CDs, MYGAs, etc. but I’m trying to see how STRIPs would compare.

I had picked up a couple of 3 yr MYGAs a few years ago and they will be maturing in the next year and I’m considering my options. Rolling them over is a possibility due to the tax deferral but I have other fixed income type money I’d like to invest.

Thanks  
Rich