Notes

Slide Show

Outline

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17	"Safe" Safe Convenient Affordable Liquid Tax Advantages
18	"Market-based rates" Market-based rates Earns interest for 30 years
19	"Fixed rate and inflation indexing" Fixed rate and inflation indexing Earns interest for 30 years
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21	"Bonds registered in parent’s name" Bonds registered in parent’s name Owner 24 years of age at purchase Child may be beneficiary, but not co-owner Interest may be excluded if these and other restrictions are met See IRS Publication 550 for details
22	"Joint Filers" Joint Filers: $89,750 – 119,750 Single Filers: $59,850 – 74,850 * For 2004 – Adjusted annually for inflation.
23	"Register bonds in child’s name" Register bonds in child’s name Parent may be the beneficiary Child reports interest annually or defers until redemption First $750* earned annually is tax exempt The next $750* is taxed at the child’s rate *For 2004 – Subject to adjustment annually.
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