savings bond question for Sophie

[dualstow]

Of course! Unpaid tax penalty! Ah, I forgot about that. Probably just a few years on mine, so it shouldn't be too much of a hit.
Thanks for the reply, and I'll let you get back to your busy-ness, as long as you promise to stop in the forum once in a while!

[ochotona]

If we go to negative interest rates, if you buy some I-bonds prior to that event, at least you'll get 0%

[sophie]

Yes I mentioned that before - savings bonds are a great way to get around negative interest rates.

Dualstow, I posted this just for you :-) and will do my best to keep up despite the crazy schedule the next month or so.  And go cash that bond and congrats!

[dualstow]

And go cash that bond and congrats!

Oh, I did. See reply#5. Fun!

And Sophie, I spoke to someone today who wasn't positive but who suggested that there wouldn't be any tax penalty on yours. That's what I would think, too. I know there's phantom interest on things like Zeroes, but I would think that with regard to your brother's savings bond, the clock starts when he redeems and not before. Anyway, maybe check it out further.

Cheers!