Quote:
Originally Posted by retiredguy123
For me, the cons are that you can only invest $10K per year, but there is a gifting loophole that can increase that amount...
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There was a similar thread on TOTV that also mentioned the gift loophole. However, according to the Treasury Direct web site, the gifted I bond must be registered in the SSN of the recipient, which allows them to enforce the $10K annual maximum. I copied this from their web site.
How much in I bonds can I buy as gifts?
The purchase amount of a gift bond counts toward the annual limit of the recipient, not the giver. So, in a calendar year, you can buy up to $10,000 in electronic bonds and up to $5,000 in paper bonds for each person you buy for.
There may be an exception in death situations where an individual purchased $10K I bonds for themself and then inherited I bonds. Is that the loophole that you had in mind, or is there another that I’ve missed?