Can I use Savings Bonds for Education that are POD in my name?
April 28, 2009 by How Savings Bonds Work
Filed under More Bonds Answers
Can you answer Ryan’s question about Bonds?:
My father recently passed away and he had $40,000 worth of savings bonds that he had purchased back in 1992. I am listed as the POD (Payable on Death) on them. Can I use these for education for myself? I would like to go back to school and it would be great if I could use these tax-free.
Unclaimed Premium Bonds
My father recently passed away and he had $40,000 worth of savings bonds that he had purchased back in 1992. I am listed as the POD (Payable on Death) on them. Can I use these for education for myself? I would like to go back to school and it would be great if I could use these tax-free.
Unclaimed Premium Bonds
Can I reinvest savings bonds into anything so the interest does not get taxed?
March 14, 2009 by How Savings Bonds Work
Filed under More Bonds Answers
Can you answer pat4620’s question about Bonds?:
I have quite a few savings bonds that were bought by me and/or given as gifts for my kids for their education. They have both graduated college and we did not use them all. I would like to cash them and give the money to my kids, but I don’t want to get socked with all that interest. Can I reinvest the money into something so that it does not get taxed?
How Much Is My Savings Bond Worth
I have quite a few savings bonds that were bought by me and/or given as gifts for my kids for their education. They have both graduated college and we did not use them all. I would like to cash them and give the money to my kids, but I don’t want to get socked with all that interest. Can I reinvest the money into something so that it does not get taxed?
How Much Is My Savings Bond Worth
