Treasury Series I Bonds Gift to a Grandchild
When gifting a Series I Bond to a minor grandchild does my daughter (the grandchild’s mother) need to have a Treasury account? I did gift to another grandchild in 2014 and since no activity the Treasury closed my account so I can’t see that bond only my daughter has access. I’m concern when the bond matures will they remember since no paper document exists.
Terry Says
Re-open your account — or create a new one– and purchase future bonds inside YOUR account and keep them in your “gift” box. You’ll need your grandchild’s SS number to do that. More info here.
