How To Buy Us Savings Bonds For Grandchildren -
: If used for qualified higher education, interest may be federally tax-free , provided specific income and ownership requirements are met.
: You will need the grandchild's full legal name, Social Security Number (SSN), and their TreasuryDirect account number to deliver the bond. 2. The Purchase Process how to buy us savings bonds for grandchildren
: Once the holding period ends, you can "deliver" the bond to the grandchild’s TreasuryDirect account. : If used for qualified higher education, interest
Buying U.S. savings bonds for grandchildren is a secure way to gift a financial foundation, though the process has moved almost entirely online through TreasuryDirect . While paper bonds are no longer sold at banks, you can still purchase electronic Series EE or Series I bonds as gifts. 1. Requirements for Gifting The Purchase Process : Once the holding period
: Since there is no physical bond, you can print a gift certificate from the TreasuryDirect website to tuck into a card. 4. Choosing Between Series I and EE Bonds