Important Information-Savings Bonds for Education

Savings Bonds for Education

While earnings on qualified U.S. Savings Bonds are tax exempt if the US savings bonds are redeemed to pay for qualified higher ducation expenses — will the interest rate on a U.S. Savings Bond keep up with the rising costs of college?

If you are concerned that college costs will outpace the returns of U.S. Savings Bonds, consider this:

Redeem qualified U.S. savings bonds and deposit the proceeds from the savings bonds into a Higher Education 529 Fund account.

You can redeem qualified US savings bonds for education tax free.

Owner of the US savings bond must be at least 24 years old before the date of issuance of the savings bond.

Owner of the savings bond must meet the required adjusted gross income (AGI) thresholds below. These thresholds are indexed yearly for inflation.

Filing Status	Full	Pro Rata Phaseout	None
Joint	Under $89,750	$89,750-$119,750	Over $119,750
Single	Under $59,850	$ 59,850-$74,850	Over $74,850

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US Savings Bonds site offers free info on United States Savings Bonds such as Series EE, E, I, H savings bonds & their tax free rollover. We are not affiliated with the US government or government agencies.

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