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Bonds 110: US Savings Bonds

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1.
One advantage of savings bonds is _______.
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The small minimum purchase required. You can buy savings bonds in amounts as low as $25.
2.
Jan owns $3,300 worth of series EE bonds that will mature soon. She can _______.
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Redeem her bonds, but she can no longer exchange them for Series HH bonds. Series HH bonds have not been available for sale or exchange since 2004.
3.
You can still purchase series HH savings bonds.
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False. You can no longer purchase series HH bonds.
4.
The Series I savings bond combines a fixed interest rate with _______.
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An adjustable rate based on inflation. The purpose of this is to provide a return that keeps pace with inflation.
5.
You can replace a lost savings bond by sending the appropriate form to _______.
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The US Bureau of Public Debt. If you lose a savings bond, you can request Form PDF 1048 from a participating bank, credit union, or Federal Reserve bank, complete it, and return it to the Division of Transactions and Rulings of the US Bureau of Public Debt.
6.
To qualify for the tax exclusion offered through the Education Bond Program, you must _______.
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Be at least 24 years old at the time you purchase the bond. To qualify for this program, an adult age 24 or older must buy the bonds.