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What are savings bonds is it some kind of investment like stocks?

Updated: 8/19/2019
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Diagraham

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12y ago

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US Savings bonds are obligations of the US government. Interest paid on these bonds is exempt from state and local income taxes. Savings Bonds are not negotiable instruments, and cannot be transferred to anyone at will. They can be transferred in limited circumstances, and there could be tax consequences at the time of transfer.

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Q: What are savings bonds is it some kind of investment like stocks?
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