SAFE & SOUND ADVICE FOR HH BOND HOLDERS - Savings …
HH bonds pay interest income to owners semiannually on their face value. This interest is taxable in the year received. They cannot be purchased with cash, but are acquired only in exchange for Series E and EE bonds or by reinvesting the proceeds of matured HH/H bonds. Relatively few people have invested in HH bonds over the years. ................
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