When purchasing Series EE bonds, what is the maximum amount one can buy in a single year?

When purchasing Series EE bonds, what is the maximum amount one can buy in a single year?

• A. $5,000
• B. $10,000
• C. $15,000
• D. $20,000

Answer: (B)

When purchasing Series EE bonds, the maximum amount an individual can buy in a single calendar year is indeed $10,000. This limit applies to electronic Series EE bonds purchased through the U.S. Treasury's website. Additionally, paper Series EE bonds can be bought with your tax refund, but the combined total for both purchasing methods still adheres to the $10,000 limit per person per year. Understanding this limit is crucial for planning investments in savings bonds, as exceeding the maximum would lead to the inability to purchase additional bonds until the next year. It is important to keep track of purchases, especially for those utilizing both methods to ensure they stay within the allowed limit.

When purchasing Series EE bonds, the maximum amount an individual can buy in a single calendar year is indeed $10,000. This limit applies to electronic Series EE bonds purchased through the U.S. Treasury's website. Additionally, paper Series EE bonds can be bought with your tax refund, but the combined total for both purchasing methods still adheres to the $10,000 limit per person per year.

Understanding this limit is crucial for planning investments in savings bonds, as exceeding the maximum would lead to the inability to purchase additional bonds until the next year. It is important to keep track of purchases, especially for those utilizing both methods to ensure they stay within the allowed limit.