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Bonds 110: US Savings Bonds

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1.
The US government established savings bonds to _______.
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Pay for expenses related to World War II. The US government began issuing savings bonds in 1941, using movies, posters, and other media to publicize the effort.
2.
You can cash another person's savings bond if _______.
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The owner is your child. You may redeem savings bonds owned by your dependent children.
3.
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.
4.
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.
5.
Why was the Series I bond created?
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To provide a rate of return that keeps pace with inflation. The rate changes periodically, based on inflation.
6.
Series EE bonds, series HH bonds, and series I bonds all offer _______.
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A relatively safe investment. Savings bonds are backed by the US government and can provide a relatively safe instrument that helps provide stability to your investment portfolio.