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Community: Investing Wiki

Term Of The Hour

tax-free savings bonds: Original post by D. Laverne O'Neal of Demand Media As if it were not enough that United States savings bonds are backed by the full faith and credit of the federal government, it is possible to redeem them without paying income tax on the proceeds. The IRS has created an exclusion for savings bondholders who use bond proceeds for qualified educational expenses. To be sure the expenses are…

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