Any money gurus out there? (1 Viewer)

[Sinrman]

I have a number of old savings bonds (about 15-ish years old) that were given to me. Is it possible to roll them into something like a Roth without a tax penalty?

 

[Sinrman]

No one!? :(

 

[Dragons]

I'm not a financial guy, but why would you think this is possible?

 

[Binky The Doormat]

Not likely - unique situation for qualified educational expenses in the bond holders' name and has nothing to do with a roth.

http://blogs.sacbee.com/personal-finance-ask-the-experts/2013/08/can-i-avoid-paying-taxes-on-the-interest-when-i-cash-us-savings-bonds.html

 

[jon_mx]

I think you need to wait for the brains of this operation to weigh in on this, his Eminence. Tax penalty-menalty. You will doubling your money over and over again with his day-trading penny weed stock tips. And if that is not high-gain enough for you, he will guide you through looking at stats and the sure-fire methods of sports betting.

 

[grateful zed]

No one!? :(

emminence

lhucks

chet