I Bonds

By Terry Savage on September 23, 2022 | Chicken Money

Hi Terry
I have several I bonds that are past maturity. Is there a way I can gift them to other family members now without cashing them in?

Terry Says

No, you must cash them in and pay the taxes. Then you can use the money to buy other bonds. But I’m thinking you’re talking about Series EE bonds — because no I-bonds have matured yet. They weren’t even offered until 1998.

money

ASK TERRY

a personal
finance question