Does this mean I need to withdraw the bond after 5 years, or can I keep it in longer & just not get it before 5 years.
TIPS stands for treasury inflation protected security. As in the yield the bond pays will adjust with inflation. A 5-yr bond will mature in five years. Or you could buy a TIPS fund, which would not mature.
www.treasurydirect.gov
It will explain everything via that website.
Best of luck
What is a 5-year TIPS bond?
Does this mean I need to withdraw the bond after 5 years, or can I keep it in longer & just not get it before 5 years.