Interest on HH bonds

Asked February 5, 2014, 7:03 PM EST

What does deferred interest mean

Orange County Florida personal finance saving and investing

1 Response

Deferred interest simply means that you take interest accruals when you cash in a bond and pay taxes at that time. For more information about U.S. savings bonds, see http://www.extension.org/pages/17236/investing-unit-5:-series-ee-and-i-us-savings-bonds#.UvjLnU2YaM8