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URL:  http://boards.fool.com/i-have-a-ee-bond-that-will-mature-in-october-and-15595565.aspx

Subject:  Re: I Bond Fixed Rate--November, 2001 Date:  8/19/2001  10:34 PM
Author:  Mark0Young Number:  2002 of 35392

I have a EE bond that will mature in October and I was thinking about rolling it into an I bond. Is there anyway to do this without paying taxes on the gains from the EE bond?

No--an EE cannot be rolled over to an I-Bond, so you would have to redeem the EE bond and then use cash to buy the I-Bond.

BTW, when you say the EE bond will mature, do you mean it will reach face value, or do you mean it will reach final maturity (30 years from date of issue)?

The only way that comes to mind to delay paying income tax on a matured EE is to roll it into HH or use the EE for qualifying educational expenses. You may want to read up on this at http://www.savingsbonds.gov

Also, can one buy an I bond through an IRA?

As far as I am aware, I-Bonds cannot be held in an IRA nor in any other kind of retirement account. You might want to look at TIPS or a TIPS fund for inside an IRA if you want inflation protection.

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