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1.
Jan owns $3,300 worth of series EE bonds that will mature soon. She can _______.
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.
2.
Series EE bonds, series HH bonds, and series I bonds all offer _______.
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.
3.
The Series I savings bond combines a fixed interest rate with _______.
An adjustable rate based on inflation. The purpose of this is to provide a return that keeps pace with inflation.
4.
Savings bonds are accessible to many people, since they are available online and are affordable, having a low minimum purchase price and _______.
No seller's commissions. There are no fees or commissions added to the purchase prices of savings bonds.
5.
To qualify for the tax exclusion offered through the Education Bond Program, you must _______.
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.
The US government established savings bonds to _______.
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.