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Hey Paul -

Looks like Treasury stopped allowing H/HH conversions:

https://www.treasurydirect.gov/indiv/products/prod_hhbonds_g...

As of September 1, 2004, investors are no longer able to reinvest HH/H bonds or exchange EE/E bonds for HH bonds.

H bonds were last issued in 1979.

One tax-saving possibility for the EEs is to take the proceeds and create a 529 college savings plan. Here are some guidelines:

http://www.pa529.com/faqs/contributions-and-rollovers/conver...

The usual problem is that the 529 has to be for the bondowner or a dependent. Grandchildren usually don't count. But if the situation fits the original post, it might be worth considering.

best,
dan
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