No. of Recommendations: 5

I have found the absolute expert for any savings bond information to be Tom Adams. His book "Savings Bond Alert" is extremely helpful to anyone seriously investing in Savings Bonds. You can access his website at the following link.

The website contains a wealth of information on all types of savings bonds and he is willing to answer questions pertaining to savings bonds.

To specifically address your question, I quote from his May 2005 edition of his book, "Savings Bond Alert", page 34. "Although Savings Bonds have a low purchase limit, unlike other investments they also have an annual maximum purchase limit of $30,000.00 per series per form per person per year.This basically amounts to no limit at all. For example, in one year you can buy $30,000. worth of I bonds from TreasuryDirect, another $30,000. in paper I bonds. You can do the same with Series EE. Your spouse can do the same. So far we're up to $240,000. Moreover, there's no penalty for going over the limit. However, if you invested through TreasuryDirect, the Treasury will figure it out and the overage will be refunded to you"

I am sure if you e-mail him, he will respond directly to you.

Hope this helps you.


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