Income Beginner: 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.
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.
3.
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.
4.
You can purchase a savings bond at ________.
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TreasuryDirect. You can buy a savings bond online at this location.
5.
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.
6.
You can still purchase series HH savings bonds.
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False. You can no longer purchase series HH bonds.