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Why is it so hard to buy Savings Bonds now?

My father has bought his 3 grandchildren Savings Bonds for every important day in their lives since the oldest was born almost 16 years ago. Now financial institutions are no longer selling them, or so they claim, and navigating that TreasuryDirect website requires a Business Degree and experience on Wall Street. lol Considering the amount of debt our country has you would think that the government would make it easier, not harder, to lend it money interest free.

Update:

Who's talking about "free money?" Believe it or not, you actually PAY for a Savings Bond. There has NEVER been "free money" and the only people out there who think there is or should be are liberals.

1 Answer

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  • Hobbit
    Lv 7
    9 years ago
    Favorite Answer

    The Treasury Department ended paper savings bonds on Jan. 1.

    As for the TreasuryDirect site -- it's actually pretty simple once you get used to it. In the meantime, here's a tip: Google what you want like this:

    Trasurydirect.gov Open an Account (or whatever). A link to the web page you want usually shows up right near the top of the Google results (this works for Bing, too).

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