How To Buy Us Savings Bonds For Grandchildren «RECENT»

: The bond starts earning interest in the month of purchase, even while sitting in your Gift Box.

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: If used for qualified higher education, interest may be federally tax-free , provided specific income and ownership requirements are met. : The bond starts earning interest in the

After purchase, the bond is held in your virtual for a mandatory five-business-day waiting period. interest may be federally tax-free

: You will need the grandchild's full legal name, Social Security Number (SSN), and their TreasuryDirect account number to deliver the bond. 2. The Purchase Process

Electronic bonds can be bought in any amount from per person, per calendar year, down to the penny.