When planning gifts for children on your holiday list, you might want to think beyond the traditional retail offerings. Consider financial gifts that can bestow benefits for many years to come. Read more. Some financial gift options you might consider: * U.S. savings bonds. Savings bonds are used by many families to introduce children to [...]
For the past 76 years, investors had the option of buying U.S. savings bonds at a bank or credit union. After December 31, 2011, that will no longer be the case. Savings bonds can then only be purchased electronically through TreasuryDirect, sponsored on the Internet by the Treasury’s Bureau of Public Debt. Bonds have [...]
Last year, you could use your tax refund to purchase U.S. Series I Savings Bonds in your name. This year, there are some new options for purchasing savings bonds with your income tax refund. You can buy savings bonds for yourself and up to two other individuals. Form 8888 is used to designate the person [...]