I bonds as a planning vehicle?
Primarily kids or parents.
$10k is under the gift tax limit. Grandparents used to buy savings bonds or insurance policies for grand kids. Adults gift to parents sometimes for their own purposes.
Is there any age restrictions for buying an I Bond for some else?
You might have 2 parents, 2 in-laws and kids that are all perfectly willing to make you the beneficiary. Adding a spouse would give one an extended I Bond space.
I realize the lack of appreciation, but the transfer and inflation protection is the objective,
Primarily kids or parents.
$10k is under the gift tax limit. Grandparents used to buy savings bonds or insurance policies for grand kids. Adults gift to parents sometimes for their own purposes.
Is there any age restrictions for buying an I Bond for some else?
You might have 2 parents, 2 in-laws and kids that are all perfectly willing to make you the beneficiary. Adding a spouse would give one an extended I Bond space.
I realize the lack of appreciation, but the transfer and inflation protection is the objective,
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