Comments on: Savings Bond Alert #032

by: Tom Adams

Fri, 16 May 2008 15:10:23 +0000

Hi Bill - Send it to the Obama and McCain campaigns. The Bush appointees at the Treasury aren't interested.

Tom Adams

by: Bill Briner

Thu, 15 May 2008 14:47:36 +0000

Mr. Adams - If the U.S. Treasury is trying to kill the market for Savings Bonds, I believe they have finally succeeded ($5000 maximum purchase, 0% fixed I-Bond component and less than 2% interest rate for EE-Bonds). If they want to revive them, I think they should create a new TFI-Bond (Tax-free Inflation bond). Eliminate the fixed component, keep the inflation component and make them both federal and state income tax free. To whom would you suggest I send this suggestion?

Thanks,

Bill Briner

by: Tom Adams

Mon, 05 May 2008 13:39:18 +0000

Ben - Nobody knows.

Tom Adams

by: ben doggett

Sun, 04 May 2008 17:58:48 +0000

will there be a new fixed rate for savings bonds on nov 1st of at least 1.2 % instead of the 0 % for i bonds? man if the govt would raise the fixed rate i think more people would buy them u know???

by: Tom Adams

Fri, 02 May 2008 14:24:30 +0000

Rick - it's probably less trouble to set up an additional or different bank in TreasuryDirect than it is to cash a paper bond. In both cases you need a bank's signature guarantee, but they'll give you that for the TreasuryDirect form whether they handle Savings Bond transactions or not.

Tom Adams

by: Rick

Thu, 01 May 2008 15:19:02 +0000

Hmmmm… If the redemption money from a Series I electronic bond is to be sent to just the particular bank that a person had set up in TreasuryDirect, it seems to me that this particular bond may not be as attractive as the Series I paper bond since that person may no longer have an account with that bank at the time of redemption.