Arak and Rosenstein (2004) compared Series EE bond
returns to six-month certificates of deposit (CDs), Treasury Bills and intermediate-term Government bonds over the period 1954 to 2000.
And he'll be able to take advantage of it in the future,'' said Tuszynski, 38, who plans on purchasing a Series EE bond
for $25, which the U.
Since the introduction of the series EE bond
in 1980, more than 50 million investors have purchased them.
135 AGI limits will reduce their future Series EE bond
exclusion benefit if they continue to hold the bonds.
With the smallest denomination of a Series EE bond
selling for just $25, they've been a popular savings vehicle for children's college education or as holiday and birthday gifts for young relatives.
The Series EE bond
is an appreciation-type security that accrues interest for 30 years.
Likewise, those benefits targeted not to exceed high-income levels (such as the new child care credit, new education credits and IRAs, and the new Roth IRA, as well as the existing alternative minimum tax exemption, itemized deductions, personal exemptions, adoption credit and exclusion, Series EE bond
exclusion, and Sec.
Treasury Department offers two series of Savings Bonds, the I Bond and the Series EE Bond
, each offering numerous advantages for all levels of investors and available in denominations raging from $50 to $10,000.
While most I Bonds are sold through financial institutions, more and more employers are planning to offer I Bonds to their employees alongside the familiar Series EE bond
However, Roberts is critical of initiatives that provide subsidies exclusively to government products such as the Series EE Bond
We cashed out most of the Series EE bonds
we had saved during the previous seven years--a thrilling $10,000
Bond interest - For 2009, interest on proceeds of qualified savings bonds (specifically, Series I bonds or qualified Series EE bonds
issued after 1989) cashed to pay education expenses is tax free for joint filers with less than $104,900 in AGI, partially tax free for AGI of $104,900-$134,900; comparable limits for single filers are $69,950-$84,950.