Home > Income > Beginner
Income Beginner: US Savings Bonds

Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
Savings bonds are accessible to many people, since they are available online and are affordable, having a low minimum purchase price and _______.
Choose wisely. There is only one correct answer.
No seller's commissions. There are no fees or commissions added to the purchase prices of savings bonds.
2.
You can cash another person's savings bond if _______.
Choose wisely. There is only one correct answer.
The owner is your child. You may redeem savings bonds owned by your dependent children.
3.
Why was the Series I bond created?
Choose wisely. There is only one correct answer.
To provide a rate of return that keeps pace with inflation. The rate changes periodically, based on inflation.
4.
If you invested in a Series EE bond in 1998, you can keep your initial investment earning interest in a tax-sheltered bond until ______.
Choose wisely. There is only one correct answer.
2028. Your Series EE bond will earn interest for 30 years.
5.
One advantage of savings bonds is _______.
Choose wisely. There is only one correct answer.
The small minimum purchase required. You can buy savings bonds in amounts as low as $25.
6.
Series EE bonds, series HH bonds, and series I bonds all offer _______.
Choose wisely. There is only one correct answer.
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.