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Retirees, Plan for the Tax Hit From Savings Bonds

October 12, 2021

From the Kiplinger website

The federal tax consequences for Series EE and I U.S. savings bonds are anything but straightforward. Although the interest on these bonds is fully exempt from state and local taxes, the federal tax treatment varies depending on who owns the bonds and, in some cases, how they are used.

Here are four common scenarios that retirees may encounter for how and when the bond interest is taxed.

From → Finance

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