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Questions tagged [savings-bonds]

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How should I structure Series I Savings Bond accounts and registrations for a family of 3?

I have bought the max 10k allowed for each of us, for a total of 30k. Right now, I have a separate account for myself and my wife, with the bond registration for ourself and the other person. My Name ...
Andrew's user avatar
  • 121
2 votes
1 answer
672 views

Accidentally bought I Savings Bond for $20,000 and TreasuryDirect hasn't credit extra money

Signed up for TreasuryDirect.gov and added myself and my spouse as registrants: Purchased 20,0000$ of I Savings Bond on 04/25/2022: I received an email next day saying below but still haven't ...
javanoob's user avatar
  • 335
1 vote
1 answer
373 views

Emergency Fund: CD Ladder or I Bonds?

I've been living below my income for a while now, and built up an emergency fund of 12 months comfortable expenses/18 months bare-bones expenses. Currently it's sitting in a savings account earning a ...
Anony Mouse's user avatar
1 vote
1 answer
101 views

Purchasing that extra $5000 in Series I bonds?

According to https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm#myself I can buy "up to $5,000 in paper I bonds using your federal income tax refund". But I won'...
RonJohn's user avatar
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How to report interest on uncashed savings bonds?

I have a Series EE U.S. savings bond that matured in 2018, but I still haven't redeemed it. What do I put for the payer's name on 2018 Schedule B (Form 1040), line 1? More details: IRS Publication 550 ...
ma11hew28's user avatar
  • 507
3 votes
1 answer
217 views

I Savings Bond Rate Question

With the I Savings Bonds rate at 7.12%, I'm thinking about buying some. From my understanding: You have to hold them for at least one year If you cash them out before 5 years, you lose the previous ...
Dev's user avatar
  • 145
3 votes
1 answer
285 views

Age requirements for rolling savings bonds into 529 plans

It's my understanding that one can avoid paying taxes on savings bond interest if the money from the bond is put into a 529 college savings plan. My question is about the apparent requirement that the ...
Nick Matteo's user avatar
0 votes
1 answer
114 views

How can I invest or save savings bonds as they mature over 17 years?

I have a relatively large number of Series EE and Series I savings bonds that were given to me as gifts as a child to help pay for college. Fortunately, I did not need to use them and so now they are ...
Jack's user avatar
  • 303
2 votes
1 answer
147 views

Series I savings bonds as gifts - how do limits & complications work?

Let's say Alice $10k in (electronic) Series I savings bonds for Bob as a gift. There's a limit of $10k in bond purchases per recipient, so this introduces potential complications. Consider the ...
user541686's user avatar
  • 3,369
0 votes
0 answers
28 views

E/EE bond redemption by non-owner

I have a few mature bonds from childhood that have been sitting in a safe deposit box under my parents' control. I'm now an adult and currently live on the opposite coast. Obviously I could have the ...
mindlis's user avatar
  • 101
2 votes
1 answer
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US EE Savings Bonds Rates

My father-in-law passed away and we found a number of $10K EE bonds in my wife's name. They are from 1992, and I want to know the current interest rate they are earning? I understand they earn ...
Dr.YSG's user avatar
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2 votes
0 answers
21 views

How to file US federal income taxes on government bonds where interest has been paid every year

My wife has some series EE and series I bonds. These bonds have an option to either pay the tax on interest every year or to defer all the tax until they are sold. She picked the first option and has ...
bruceceng's user avatar
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1 vote
0 answers
227 views

How do I deal with taxes on a U.S. Savings Bond that matured a few years before it was redeemed?

My parents recently found a 30-year Savings Bond of mine that matured in 2016. I redeemed it at the bank in late 2019. My understanding is the correct way to handle this is to file an amended 2016 ...
Craig W's user avatar
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4 votes
2 answers
203 views

estimated IRS tax payments

We sold some U.S. government Savings bonds in June of 2018 that had a gain in interest of double our yearly income. A one time sale. Now, I'm thinking that I will owe quite a bit in taxes and I'm ...
piton's user avatar
  • 489
4 votes
1 answer
76 views

NS&I fixed-rate bond - is the current 1-year strictly worse than the 3-year bond?

https://www.nsandi.com/guaranteed-growth-bonds as of 2017-12-29: 1 year: 1.5% AER. 3 year: 2.2% AER. https://www.nsandi.com/files/published_files/asset/pdf/guaranteed-growth-bonds-brochure-print-...
sourcejedi's user avatar
2 votes
3 answers
330 views

What are the chances of receiving interest when purchasing NS&I Premium Bonds in the UK?

I am considering buying 100 NS&I premium bonds, in the UK. Each $1 bond is automatically entered into a draw with a 1 in 30000 chance to win back what is effectively an interest payment*. My ...
robin jones's user avatar
2 votes
1 answer
167 views

money owed on transferred savings bonds

In May 1995 my grandfather purchased $11k in EE savings bonds. He died on July 20, 2008. My father transferred the bonds to himself and then from him to me in February 2015 (well, the papers were ...
neubert's user avatar
  • 3,832
2 votes
1 answer
639 views

How can I prove my ownership of government savings bonds?

I am in the process of moving to California from out of state, looking for an apartment to rent. I am currently unemployed and have no monthly income, but I have a decent amount of money in the bank ...
Ken's user avatar
  • 21
3 votes
1 answer
466 views

What is the interest rate on my US Savings Bonds?

I have received US Savings Bonds as gifts throughout my life from my birth, to birthdays, to high school graduation. My understanding is that some EE Series US Savings Bonds have a fixed interest rate ...
Daniel's user avatar
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3 votes
2 answers
218 views

Looking into investment bonds for the first time- what do I need to be aware of?

I have an ISA that has matured recently, and am now looking to reinvest that balance elsewhere. Given that most of the ways I usually save (current/ savings accounts, regular savers, ISAs, etc) aren't ...
Noble-Surfer's user avatar
0 votes
1 answer
107 views

How should I handle the maturation of my savings bonds?

I recently found out from my father that I own 5 U.S. savings bonds, valued at roughly 50 dollars when deposited, some of which are about to start maturing (one in 2017 will be worth around 90 dollars,...
Zibbobz's user avatar
  • 4,374
1 vote
1 answer
439 views

Is the interest on EE series US Savings Bonds accrual dates prorated If I cash in just before an accrual date?

I have several EE series US savings bonds which I would like to cash, they were all given to me on the same date in different years, and I calculated the interest online, the calculator said that ...
nosyarg's user avatar
  • 125
2 votes
1 answer
493 views

should i cash some twenty year old EE savings bonds?

I have, let's say, $20,000 in series EE savings bonds, issued in 1995. As I understand it they were purchased for half their face value ($10,000) and have now matured to their full value since it's ...
neubert's user avatar
  • 3,832
1 vote
1 answer
81 views

Understanding payment options with NS&I Bonds

So, just like many, my parents want to invest in: http://www.nsandi.com/65-guaranteed-growth-bonds?ccd=NALBAA since they are supposed to be quite good however, there is a genuine fear that the money ...
Sammaye's user avatar
  • 133
2 votes
1 answer
269 views

TreasuryDirect - workaround for requiring certified forms to change bank account info

TreasuryDirect makes it a real pain to change bank account information. They require a signed form, certified at a bank. This is impossible if you do all your banking online, and it seems ...
wrschneider's user avatar
2 votes
1 answer
15k views

How to determine the final value of a U.S. Savings Bond at maturity?

Is it possible to determine the "final" value of a U.S. Savings Bond on its maturity date? The interest rate is fixed, the compounding periods are known (semi-annually for EE bonds), and the term is ...
Yuck's user avatar
  • 177
2 votes
1 answer
1k views

How can I cash out US government savings bonds?

My grandmother gave me a series of US government savings bonds before she died. I have the ID numbers, but not the physical bonds themselves. The bonds are in my name; I received them as gifts. Will ...
Xodarap's user avatar
  • 255
0 votes
1 answer
691 views

What to do with paper savings bonds?

My kids get paper savings bonds from family members for holidays/birthdays/etc. Right now I do nothing with them besides putting them in a fire proof lock box but that can't be the best thing to do. ...
rodey's user avatar
  • 275
1 vote
2 answers
970 views

Most profitable choice? ($25,000 Cash) or ($30,000 in U.S. Savings Bonds + $10,000 Cash)

This may be a basic question but I don't know anything about U.S. Savings Bonds. I don't know how long it takes until you can cash a U.S. Savings Bond, nor do I know their average rate of return. If ...
Micah Githens's user avatar
3 votes
3 answers
158 views

Tax Benefits for 529 Plan and Treasury Savings Bonds?

So here is my question (for tax year 2011): If I open and fund 529 College Savings Plan, do I get federal and state (Utah) tax deduction for my contributions? If I get a Treasury Savings Bond (Series ...
Jash Sayani's user avatar
5 votes
2 answers
750 views

I Bond Rates and Terms

Looking at I Bonds. Can someone clarify this hypothetical situation for me? I buy a 100 I Bond today. It earns current yield of 4.6% for the next 6 months. I never reap any "fixed" rate regardless ...
Brian's user avatar
  • 183
9 votes
2 answers
487 views

Are U.S. I Bonds good for extra savings?

I recently ran across an article about where to park extra cash that mentioned US I Bonds. I had never heard of them before. How do they work? Limitations or rules? Really tax free? I've had ...
Jay's user avatar
  • 414