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<p>[QUOTE="Troodon, post: 1640229, member: 4626"]Not that they're that concerned about it anymore. US Savings Bonds haven't really been a major source of revenue for the government since World War II. Nowadays they only sell about $1 billion worth of savings bonds a year... a drop in the bucket considering the federal budget is well into the trillions. The bonds aren't so much as a significant way for the government to borrow money anymore so much as they're a way to encourage people to put aside long term savings.</p><p><br /></p><p>If you really want paper bonds you can still get them out of your tax refund if you like (look for Form 8888 and its instructions, <a href="http://www.irs.gov" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.irs.gov" rel="nofollow">www.irs.gov</a> ) but otherwise all bonds are electronic now. You can still register them in someone else's name if you want to give them as a gift (not sure if you can do that out of your tax refund though, don't think so) but the receipt looks less impressive when you give it to them sadly.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1640229, member: 4626"]Not that they're that concerned about it anymore. US Savings Bonds haven't really been a major source of revenue for the government since World War II. Nowadays they only sell about $1 billion worth of savings bonds a year... a drop in the bucket considering the federal budget is well into the trillions. The bonds aren't so much as a significant way for the government to borrow money anymore so much as they're a way to encourage people to put aside long term savings. If you really want paper bonds you can still get them out of your tax refund if you like (look for Form 8888 and its instructions, [url]www.irs.gov[/url] ) but otherwise all bonds are electronic now. You can still register them in someone else's name if you want to give them as a gift (not sure if you can do that out of your tax refund though, don't think so) but the receipt looks less impressive when you give it to them sadly.[/QUOTE]
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