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I-bonds or a 529 for college savings? A helpful aunt wants to know which is best

Por: MarketWatch Business January 08, 2024

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A Helpful AuntDear Helpful Aunt,  You’re the nicest aunt, and I’m sure your nephew appreciates you very much. But you’re asking a bit of a trick question, so let’s break it down: The main complication with your situation is that when you gift Series I bonds, which are a savings bond issued by the U.S. Treasury, you have to provide a Social Security number for the recipient, and once gifted, those funds actually belong to the recipient.... + full article



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