Comments on: Savings Bonds as gifts for grandchildren and others http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/ Tue, 13 May 2008 18:13:21 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-19249 Wed, 16 Apr 2008 14:36:23 +0000 http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-19249 Hi Laurie - If your children's names weren't on the bonds, there's no way they could owe the tax, so you do. Tom Adams Hi Laurie - If your children's names weren't on the bonds, there's no way they could owe the tax, so you do.

Tom Adams

]]> by: laurie http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-19223 Tue, 15 Apr 2008 18:05:45 +0000 http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-19223 My name and/or my husband's name are on savings bonds that his parents purchased for our children. When I cashed them out to add them to their UTMA I got a 1099-int form from our bank. Do I owe the tax or do my children (who have no earnings as they are minors) My name and/or my husband's name are on savings bonds that his parents purchased for our children. When I cashed them out to add them to their UTMA I got a 1099-int form from our bank. Do I owe the tax or do my children (who have no earnings as they are minors)

]]> by: Tom Adams http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-17961 Fri, 21 Mar 2008 15:39:37 +0000 http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-17961 JV - from a financial perspective, the Treasury is just taking advantage of people with the rate it offers on EE bonds. Series I bonds are a far better investment. Tom Adams JV - from a financial perspective, the Treasury is just taking advantage of people with the rate it offers on EE bonds. Series I bonds are a far better investment.

Tom Adams

]]> by: JV http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-17933 Thu, 20 Mar 2008 21:22:03 +0000 http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-17933 I'm interested in bonds, but can't seem to figure out if an I or EE bond would be better--what would you suggest? I'm interested in bonds, but can't seem to figure out if an I or EE bond would be better–what would you suggest?

]]> by: Tom Adams http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-17759 Fri, 14 Mar 2008 13:42:41 +0000 http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-17759 Krista - no, the Treasury won't update a Savings Bond just to fix the SSN - that's because it doesn't use the SSN for anything but tracking the bond in case it's lost. Tom Adams Krista - no, the Treasury won't update a Savings Bond just to fix the SSN - that's because it doesn't use the SSN for anything but tracking the bond in case it's lost.

Tom Adams

]]> by: Krista http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-17729 Thu, 13 Mar 2008 15:48:11 +0000 http://www.savings-bond-advisor.com/savings-bonds-for-grandchildren/#comment-17729 my mother-in-law bought several savings bonds for our children over the years, as she did not have their soc#'s she put my husband on the bonds with the children. Unfortunately she put a different man's (with the same name)soc# on the bonds thinking it was his. Is there anything we can do to fix these? my mother-in-law bought several savings bonds for our children over the years, as she did not have their soc#'s she put my husband on the bonds with the children. Unfortunately she put a different man's (with the same name)soc# on the bonds thinking it was his. Is there anything we can do to fix these?

]]>