Changing the beneficiary on a Savings Bond
Wednesday, June 7th, 2006
Categorized as: Savings Bond registration changes
I want to change the beneficiary on my Savings Bonds. Will I have to pay tax to do this?
You can change the beneficiary on a Savings Bond without tax implications. On older Series E and H bonds you need permission of the current beneficary, but on EE, HH, and I bonds that’s not required.
There’s more information, including a link to the form you need, in my post on adding a beneficiary to a Savings Bond registration.