I am looking for some information on purchasing limits for US Savings Bonds. I am familar with the rules that restrict the amount purchased in a calendar year to $30K for I Bonds and $15K for EE bonds. However, I found the following infrormation on http://www.ufcu.org/browse.php?conte...treasury_bonds

"Bonds purchased as gifts are not included when determining an individual's annual purchase limit."

So here is my question: once I max out buying bonds for myself, can someone else purchase bonds as a gift to me (understanding that the tax-free gift limit upon redemption is $11K per year)? For example, if I buy $45K for myself and my brother does the same for himself, could we each purchase another $11K worth for each other?

If this is the case, then the limit for bond purchases effectively goes away IF you can put together a buying co-op of individulas that all max out for themselves first, and then buy bonds for one another. Given the 8% - 12% annual return that can be achieved through buying bonds with a cash back credit card (see my earlier posts for info), this could become VERY lucrative.

Thoughts?