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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.
If you redeem a Series EE savings bond that you have held for less than five years, _______.
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You will be penalized with the loss of three months' interest. This is the current penalty.
3.
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.
4.
Savings bonds are accessible to many people, since they are available online and are affordable, having a low minimum purchase price and _______.
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No seller's commissions. There are no fees or commissions added to the purchase prices of savings bonds.
5.
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.
6.
A friend mentions that his savings bonds are based on the rate of Treasury securities. Your friend owns _______.
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Series EE bonds. Series EE bonds pay 90 percent of the six-month average yield on five-year Treasury securities.