Investment Dictionary:

Qualified Savings Bond

Refers to a series EE savings bond which has been issued after December 1989 and purchased by an individual at least 24 years of age.

Investopedia Says:
The interest from this type of bond is tax-free if you redeem it to pay for a higher education expense.

Related Links:
Investing in bonds - What are they, and do they belong in your portfolio? Bond Basics Tutorial


 
 
 

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