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Thread: US Savings Bonds Purchase Limits
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Old Jun 28, 2002 | 2:38 pm
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highgamma
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by toddpate:
"Bonds purchased as gifts are not included when determining an individual's annual purchase limit."
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My recollection (unsubstantiated) is that what they mean by this statement is that the buyers limit is unaffected by the gift since he/she will not actually be owning the bonds. I do believe that the receiver's limit is affected by the gift. (This is unsubstantiated. I will attempt to substantiate.)
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