Make Informed Choices About Your Savings
Saturday, July 21st, 2007In today’s economic climate, it’s smart to try to save as much as possible. Whether you are saving for a rainy day or a long-term financial goal, it makes sense to make saving part of your money routine. Putting a little away each month can really add up and it’s a great comfort knowing you [...]
If I used savings bonds (received 84-97 when I was 0-13) to pay my student loans, is the interest tax free?
Tuesday, July 3rd, 2007Mike C asked: I wanted to use the educational exemption because I used these bonds to pay directly towards college tuition but did I need to be in my 20s when I received these bonds? That doesn’t make sense because aren’t bonds regularly given to kids with the idea that they can be used to [...]