View Full Version : EE Bond (prior '89) rollover to 529


itstoomuch
in 2004, I cashed EE Bond (in my name) and rolled to 529. I had no problems and 529 people said that Fed interest is waived.

For 2005, I cannot find this interest waiver stipulation in the 529 plan description-participation agreement. Nor information in my taxprogram-TAXAC, I only find info on 1989+ bonds to be interest qualified for the 529.

Question: For tax year 2005 and EE Bonds prior to 1989, can EE's be rollovered to QTP 529 without paying fed tax on the interest?

TJB_NC
My understanding is that the "Education Bond Program" was started in 1990, and only bonds issued from January 1990 on qualify.

http://www.publicdebt.treas.gov/sav/saveduca.htm

TJ