savings-bonds

"Secret" Way To Keep Buying Paper Savings Bonds After 2012 Deadline
The Treasury announced last week that, in order to save money, they're going to stop selling paper saving bonds after Jan 2012. Gone will be the days when a grandparent could walk down to the bank and sock away $50 every year to make an ironclad investment for their grandchildren. But there is a bit of a "backdoor" way you can still buy them without having to go through their weird online "gift box." It will also let you buy more bonds than the $5,000 limit. What you do is use your tax refund to buy them through the IRS using form 8888. More »

Treasury Announces The End Of Paper Savings Bonds
It's the end of an era. In an effort to save cash and cut down on waste, the Dept. of the Treasury announced earlier this week that paper savings bonds will be a thing of past starting January 1. More »

Bank Of America's Confusing Advice Shortchanges You On Savings Bonds

—>Daniel thought his government savings bonds would help pay his tuition, wasn't sure whether they had matured after 15 years, and headed to his Bank of America branch to see if they had and cash them out. He said the bank gave him confusing advice that wound up in his cashing his bonds for less than full price. He writes:  More »