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Hi everyone. Newbie here. I've got a question/concern about some Series EE Savings Bonds I've been holding. The specifics:

- I purchased $1500 worth of Series EE bonds in February 1992. Face value = $3000. I have not yet declared any interest income on these bonds.

- The original plan was to use the bonds to help defer tuition expenses for my daughter's college years via the Savings Bond Education Tax Exclusion provisions.

- For various reasons, I have never cashed these bonds, and now my daughter has informed me she is not planning to go on to grad school.

- The tuition payment for her final semester was made in December 2007, so if I cashed the bonds now, I wouldn't be able to exclude the tax on them.

So am I correct in assuming I've screwed myself (for the time being, anyway) with the tax exclusion advantages of these bonds?

Should I just hold onto them for the foreseeable future in case my daughter decides to go back to school, or until I'm in a lower tax bracket, which will happen whenever my wife decides to retire? (There's also a possibility that after retirement, my wife would attend a community college to get certified as a Vet Tech, so might I be able to use the bonds to help pay for that?)

I believe the Series EE bonds earn interest for 30 years, even though the original guaranteed interest rate has been replaced by the current market rate.

Thanks for reading and any advice you may have!
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