Savings bonds
Over the decades, millions of people have acquired United States savings bonds. Series E and EE bonds accumulate interest on a tax-free basis for up to 30 years, whereas Series H and HH bonds pay interest at stated intervals each year.
Depending on the type of bonds you own, as well as on various aspects of your personal and financial situation, you may consider using savings bonds to make a gift to Medical Teams International.
Options for donating bonds:
- One option is to leave the bonds to Medical Teams International at the end of your life by means of a Beneficiary Designation. This can be an especially tax-efficient option if part of the value of the savings bonds would be taxable when received by surviving family members or other individuals. None of that value will be taxed when received by Medical Teams International because it is a tax-exempt organization.
- Another possibility is to surrender some or all of your bonds during your lifetime, and use the resulting cash to establish a charitable gift annuity.
If you would like additional information, please contact us.
Mary Lee Alder
mlalder@medicalteams.org
(503) 624.1210
| The information on this Web site does not constitute legal, financial, tax or estate planning advice and should not be relied upon as a substitute for such advice. Medical Teams International encourages you to seek the counsel of your own professional advisers and values their involvement as you determine how you would like to proceed. | |