Savings Bond as a child gift
I want to give savings bonds as a gift to my nephews this christmas. They are all under 10. I'm thinking the amount is about $200; perhaps I will just keep doing this every christmas.
A few questions: I know I will have to open a treasury direct account. From this, can I purchase the bonds in their own names, and then receive the actual certificates which I can then send to them? Or will the minors need to open up there own treasury direct accounts too.
Also, there are many different types of savings bonds...any recommendation on which type to purchase?