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Who Can Own U.S. Savings Bonds?
Individuals, corporations, public and private
organizations and fiduciaries can all purchase U.S. savings bonds. If you are a
resident of the U.S. or you are a legal citizen of the U.S., living abroad or a civilian
employee of the U.S. AND have a valid social security number, you can own U.S. savings
bonds.
SavingsBonds.com Fact: The U.S. Treasurer and the
Secretary of the Treasury can not buy savings bonds.
Children Owning Bonds
Children may own U.S. savings bonds. A parent, friend or relative can
buy a bond for a child who does not have a social security number. If a child has
not been assigned a social security number, the purchaser must provide his or her own
social security number.
SavingsBonds.com Fact: When
the bond is cashed in, the redeemers social security number is used, not the
purchasers number. The redeeming agent (i.e. bank or financial institution) will ask for
identification of the person listed on the bond and use his or her social security number.
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