Recently, a blog visitor was searching on the term "EE Savings Bonds," "Tax Free" and "parochial school." Evidently, this visitor has a child in a private elementary or secondary school. With good planning and generous help from family and friends, he has a number of EE series savings bonds in the child's name. Given the tax breaks available for certain higher-education expenses and the ... Read More
EE Savings Bonds
Ask the Money Coach: What’s a good way to invest as a gift to a child?
I would suggest something that can be added to over time by you and other friends or relatives. In this category, that would include the following: UGMA/UTMA accounts 529 Savings Accounts Zero-Coupon Bonds EE Savings Bonds Individual Corporate or US Treasury Bonds Dividend Reinvestment Plan (DRiP) 1.) UGMA/UTMA accounts that can invest in a diversified fund(s) or use proceeds to buy ... Read More
