Income Beginner: US Savings Bonds

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1.
Jan owns $3,300 worth of series EE bonds that will mature soon. She can _______.
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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 _______.
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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.
3.
You can purchase a savings bond at ________.
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TreasuryDirect. You can buy a savings bond online at this location.
4.
If you lose a savings bond, which of the following documents is the least likely to help you replace it?
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Your library card. If you lose your savings bond, the government will often replace it if you can provide the serial number, issuance date, address, and Social Security number of the owner.
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.
The tax advantages of Series EE and Series I bonds include all of the following except _______.
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No federal tax on earnings. Unless the bonds are owned by your child or special exclusions for educational expenses apply, you must pay federal taxes on the earnings of your Series EE and Series I bonds. You do not need to pay state or local taxes, however.