TIPS vs I Bonds--What's the Best Way to Hedge Against Inflation?TIPS (Treasury Inflation Protected Securities) and I Bonds both protect investors against unexpected inflation. Both bonds are also issued by the U.S. Government and are exempt from state and local taxes. Bu that's about where the similarities end.There are key differences between TIPS and I Bonds that investors should know. We look at 8 key differences, along with the pros and cons of adding each to your portfolio.As a bonus, we look at how one of them can help you save for a child's education.Resources:https://www.treasurydirect.gov/indiv/...https://investor.vanguard.com/mutual-...https://www.treasurydirect.gov/indiv/...