Originally Posted by Texas Proud
NO. There used to be a bond where you could roll over the investment and delay taxes for another 30 years, but that was cut a LONG time ago...
These bonds were known as Series HH bonds, but they stopped offering them in 2004.
I know the suprise feeling as in late 1986, if memory serves me, they announced a change in the rules regarding what interest bonds would earn and on October 30th, I went out and bought a bunch at my local credit union with my CU savings. But now, 30 years later, they are worth 4.5 times what I paid for them, the difference is all interest taxable this year: about $18K