What’s behind new savings bond limit?
Tuesday, July 31st, 2007Normally, I use this space to answer reader questions. However, today I’d like to discuss an issue that affects many American savers.- advertisement -
Beginning Jan. 1, the Treasury changed its annual limit on purchases of U.S. savings bonds. The new annual limit is $5,000 per Social Security number, but the limit applies separately to Series I and Series EE savings bonds, and for paper versus electronic bonds.
So, an individual can invest a total of $20,000 in savings bonds annually, as shown in the following table: