Posts Tagged ‘bonds’
Us Savings Bond Maturity
July 16th, 2011
Question: WHY ARE us Savings Bonds taxed after maturity?
Answer: it’s part of the deal! that’s the problem with bonds, hard to keep up with inflation after taxes.
US Savings Bonds Scam
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Savings Bonds Buy
June 16th, 2011
Question: During this time of economic crisis, should patriotic Americans buy and hold US Savings Bonds?
Answer: I’ve always bought Savings Bonds for my child, I’ve been doing it for 13 years. Economic crisis or not, those things only increase in value over time.
US National Debt to exceed 14 trillion by end of year? Good time to buy US Savings Bonds? NO!
Savings Bonds Deceased
June 14th, 2011
Question: Savings Bonds and Name Change help?
When I got divorced, my ex and his family threatened to kidnap my kids, so I had them using my maiden name as their last name to keep them safe. In the meantime, my grandma (now deceased) gave the kids Savings Bonds, with my maiden name, and me as the POD. My SSN is on one of them. Their own is on the others.
When my oldest went into the military, he had to use the name on his birth certificate, so he no longer uses my maiden name. Will it be difficult for him to cash in his bonds?
Answer: http://www.savingsbonds.gov/instit/statreg/bbreg/bbreg.htm
On TreasuryDirect they have a PDF file which outlines the redemption procedures and addresses some of these issues. Check it out to see what you or your son will have to do to redeem them.
Humphrey Bogart