FlyerTalk Forums - View Single Post - Purchasing bonds upto $90,000 a year
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Old Jul 29, 2003 | 6:50 am
  #6  
dogcanyon
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by LemonThrower:
Your numbers are off a little. Correct numbers are:
I - 30
EE - 15 cost/30 face
total - 45 per ssn.

Face value of I is same as cost.
Face value of EE is twice the cost.

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The rules changed in May 2003 for EE bonds.
Here is the wording from http://www.savingsbonds.gov/sav/sbregfaq.htm


Purchase Limitations

1. What are the maximum amounts an individual can invest in EE and I bonds each year?


In general, as of May 2003, the person whose SSN appears on a bond can invest up to $30,000 (issue price) in paper EE bonds per calendar year, and up to another $30,000 (issue price) in electronic EE bonds through TreasuryDirect. (The previous annual limitation was $15,000 (issue price) for paper EE bonds.) This person can also continue to invest up to $30,000 (issue price) in paper I bonds and up to another $30,000 (issue price) in electronic I bonds in TreasuryDirect. For additional electronic purchase limit information, see our TreasuryDirect web site.

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