savings bonds

Any suggestions on what to do with Savings Bonds my children have been receiving since they were born?

Agm13032,

Your children are fortunate to have someone interested in them and willing to give a monetary gift that can provide some benefit in their future.

Keeping the bonds may be a good idea. The EE savings bonds are paying 2.66%, and "I" bonds are paying 4.66%. Further, the interest can be tax free when used for qualified college expenses.

Before someone can offer good investment advice, you would need to share some ideas as to when the money would be used, and for what purpose.

To learn more about savings bonds and their benefits, go to:
<http://www.publicdebt.treas.gov/bpd/bpdhome.htm>.