Income Beginner: US Savings Bonds

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1.
You can still purchase series HH savings bonds.
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False. You can no longer purchase series HH bonds.
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.
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.
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.
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.
6.
If you invested in a Series EE bond in 1998, you can keep your initial investment earning interest in a tax-sheltered bond until ______.
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2028. Your Series EE bond will earn interest for 30 years.